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Home » Authors » Paul Muolo

Articles by Paul Muolo

Ocwen Tallies Up the Financial Damage on Servicing Terminations: $800,000; Speculation over 4Q Results Mounts

March 1, 2015
Paul Muolo
One investor, commenting on the lack of information regarding 4Q results, told IMFnews: “I think the attorneys are going to make them disclose a lot of stuff that they have been brushing under the rug..."
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Mortgage Bankers Counting on Slightly Lower Fannie/Freddie G-Fees

February 27, 2015
Paul Muolo
Fannie Mae and Freddie Mac themselves are playing a key role in the decision-making process on guaranty fees...
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What We’re Hearing: The Return of the Megabanks (in Mortgages)? / Nationstar Smelling Like a Rose (In Comparison)? / Why Quicken and Freedom May Never Go Public / CMG Mortgage Expects Strong Production Growth

February 27, 2015
Paul Muolo
After seeing what’s transpired at Nationstar, Owen and Walter the pass year, would Dan Gilbert (who owns Quicken Loans) and Stan Middleman (Freedom’s owner) ever ponder going public?...
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Nationstar’s Profit Drops 82 Percent, Originations Fall; However, $35B of MSR Deals Revealed

February 26, 2015
Paul Muolo
The fourth quarter was Nationstar’s worst production quarter of the year.
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Walter Reports a $44 Million Loss, Revenue Declines, and a Regulatory Settlement with the CFPB

February 26, 2015
Paul Muolo
Walter's cash-flow declined noticeably: For the full year, revenues came in at $1.5 billion, a decline of $315.3 million or 17 percent...
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Short Takes: Gone But Not Forgotten: MetLife’s Mortgage Unit / BB&T Facing Heat from DOJ and HUD OIG / Walter Optimistic, but Investors Aren’t / The ‘Father’ of the CFPB: President Jimmy Carter

February 26, 2015
George Brooks, Paul Muolo, and Thomas Ressler
Although Walter Investment Management lost a ton of dough in 2014, it sees brighter days ahead...
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10 Mile Capital Ready to Invest in Mortgage Banking Firms

February 25, 2015
Paul Muolo
A veteran of Bank of America, GE Capital and other financial service firms, Williams said he hopes to unveil 10 Mile’s first investment in April.
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Short Takes: $558 Billion in Delinquent Mortgages / Subprime Looking Up / How Much Will Ocwen Cut in India? / PHH’s Retail Perceptions / Dealing with the CFPB

February 25, 2015
Paul Muolo
One of the biggest knocks on PHH Mortgage is that it has little in the way of traditional retail, relying instead on private label partners like Merrill Lynch.
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Warehouse Commitments on the Rise Again; How Long Can it Last?

February 24, 2015
Paul Muolo
The only thing bothering most warehouse managers is how long the good times can last.
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Ocwen Mum on When it Will Release Fourth Quarter Earnings

February 24, 2015
Paul Muolo
Meanwhile, investors are beginning to focus on some of the contractual language in the sale agreement between New Residential Investment Corp., and Home Loan Servicing Solutions...
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