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Home » Authors » Paul Muolo

Articles by Paul Muolo

NYDFS on the Lawsky ‘Leaving’ Rumors: He Loves His Job

November 11, 2014
Paul Muolo
Stock analysts have claimed that Lawsky has been aggressively investigating Ocwen so he can make headlines, paving the way for an eventual run for public office.
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Short Takes: HUD and DOJ Trouble for PrimeLending? / Such Legal Matters are Unpredictable / The Lawsky Effect: Nice Gain for Ocwen’s Stock / Good Riddance? / Thanks for the Stock, But…

November 11, 2014
Paul Muolo
Are investors in Ocwen jumping for joy now that word is out that NYDFS chief Benjamin Lawsky might be leaving next year?
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Ocwen Sale of $28 Billion in Ginnie Mae MSRs Falls Through

November 10, 2014
Paul Muolo
However, these same sources contend that Ocwen was successful in selling a smaller package of Ginnie MSRs.
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Short Takes: LoanDepot-Mortgage Master Deal? / RPM? / Loretta Lynch, Not Lynn / Ex-LIME Executives May Land / Indiana Wants Me

November 10, 2014
Paul Muolo
Mortgage M&A activity remains red hot. We understand that RPM Mortgage of California is working on another acquisition...
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What We’re Hearing: GOP May Push for Changes to Points-and-Fees Rule / The Freddie Mac ‘Loss’ Scenario / Freddie Goes Small / A Cut in FHA Premiums? Don’t Bet On It / Non-QM Third-Party Lender List Tops 25 / More Mortgage Job Cuts at JPM

November 7, 2014
Paul Muolo
So, there’s no chance at all that the GOP will be able to push through a Fannie Mae/Freddie Mac reform bill, right? Maybe, maybe not.
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Fannie/Freddie Account ‘Surplus’ With Treasury Will Hit $40.9 Billion

November 6, 2014
Paul Muolo
GSE executives, however, declined to specify when their new 97 percent LTV programs will be ready.
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Walter Posts Large Loss, Stock Gets Crushed; Nationstar Smacked Around Too

November 6, 2014
Paul Muolo
Walter was already under the investigative microscope of the Consumer Financial Protection Bureau and the Federal Trade Commission because of its servicing practices.
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Short Takes: Yet Another Mortgage M&A Deal / Classic Strategies Advisor to Freedom Mortgage / More NPL Sales From Freddie / Ocwen Shines, Well Sort of / Trouble at Genworth but Not the MI Business

November 6, 2014
Paul Muolo
The Bankers Bank is owned by 100 independent banks. Charbonneau & Associates represented TBB…
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PHH Loses Money on Mortgage Business in 3Q14, Lower Gain-on-Sale Blamed

November 5, 2014
Paul Muolo
PHH's servicing portfolio continues to shrink thanks to MSR sales and payoffs.
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GSE Reform in 2015? There May be No Warner of Corker-Warner; MI Outlook?

November 5, 2014
Paul Muolo and Charles Wisniowski
The mortgage insurance industry lost a key political ally with the reelection defeat of first-term Democratic incumbent Sen. Kay Hagan of North Carolina.
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