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Home » Authors » Paul Muolo

Articles by Paul Muolo

Short Sellers of Publicly Traded Mortgage Firms Could Get Burned

June 10, 2015
Paul Muolo
In general, companies whose sole mission is to originate and service residential mortgages are the most shorted stocks in the sector...
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Nationstar Executives Jerry McCoy and Caitlyn DeYoung Departing; Others?

June 10, 2015
Paul Muolo
McCoy works in Nationstar’s servicing department, DeYoung in administration.
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Short Takes: Fidelity Information Systems Wins the Ocwen Contract / Ocwen Pays Down More Debt / No 'Conflict Minerals' for Fidelity / The Feds and Diversity / The Federal Insurance Office?

June 10, 2015
Paul Muolo and Thomas Ressler
According to the consent order in the case, Ocwen had a history of ignoring the agency’s document requests...
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Angel Oak Offering $100 Million of Nonprime Whole Loans? Securitization on Hold?

June 10, 2015
Paul Muolo
One source said Nomura also was providing warehouse credit to Angel Oak.
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Will Citadel’s New Second Lien Spur Similar Offerings by ‘A’ Paper Nonbanks?

June 9, 2015
Paul Muolo
Calls to nonbanks from Inside Mortgage Finance revealed a great deal of interest in the Citadel product...
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More Executive Departures at Nationstar?

June 9, 2015
Paul Muolo
One official described the situation: “Just more house cleaning now that Harold [Lewis] is gone. Most of the senior people leaving were his supporters.”
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Short Takes: RoundPoint Sale Update / MSR Prices Firm Up / More on that Departing Nationstar Executive / Morningstar Joins the Jumbo Party / A New CEO for Auction.com

June 9, 2015
Carisa Chappell, Brandon Ivey, and Paul Muolo
One of the departing executives at Nationstar Mortgage used to work at JPMorgan Chase, Fannie Mae and Macquarie Bank…
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CFPB Nails Another Lender for LO Compensation Violations

June 8, 2015
Paul Muolo
The regulator said Guarantee – which is in the process of liquidating – paid its LOs, in part, based on the interest rate of the loans they were bringing in.
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Nation’s Largest ‘Private Money’ Servicer Sees Contracts Rise to $3.7 Billion

June 8, 2015
Paul Muolo
FCI’s clients include private money lenders, hedge funds, investment companies and others.
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Short Takes: Home-Equity Layoffs at BofA / BofA, Number Two in Seconds / Ditech Continues to Hire / Another GSE PSPA Lawsuit / HUD Goes to USC

June 8, 2015
Carisa Chappell and Paul Muolo
According to exclusive figures compiled by Inside Mortgage Finance, BofA is the second largest player in second liens at $139.1 billion in holdings.
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