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Home » Authors » Paul Muolo

Articles by Paul Muolo

Short Takes: MBA Shows the Love for FHFA’s Mel Watt / Looser Mortgage Credit? Are You Crazy? / The CFPB ‘ePilot’ Moves Closer / The Fear of Running Out of Money / Are You Afraid of Ghosts?

October 21, 2014
Paul Muolo and Thomas Ressler
After all, didn’t America suffer a housing “depression” because credit was too loose? Some GOP conservatives in Congress live by the edict: those who can own; those who can’t rent…
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Ocwen’s Stock Plunges After NYS Levies More Allegations Against the Firm

October 21, 2014
Paul Muolo
At press time, the firm’s share price was getting crushed, down 25 percent on the day to a new 52-week low of $19.89.
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Phoenix Capital and IMA Unveil New MSR Auctions

October 20, 2014
Paul Muolo
Servicing brokers expect a land rush of servicing deals before yearend.
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Ginnie Mae Ushers in New Capital Rules for Issuers; Firms Will be Scored Monthly

October 20, 2014
John Bancroft and Paul Muolo
Buyers of “bulk” Ginnie mortgage servicing rights will have to meet the test by January 2015.
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A New Player in Mortgage M&A: Mid-sized Commercial Banks

October 20, 2014
Paul Muolo
Charbonneau, Klein and other advisors report that mortgage M&A activity is the strongest it has been in years.
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Short Takes: Will FHFA’s Mel Watt Deliver the Goods? / Actually, Fannie is Buying 97 Percent LTV Loans, But… / IBM Gets Whacked / First Republic’s GOS / Quicken CEO Sworn in at MBA Show

October 20, 2014
Paul Muolo
What does IBM have to do with the mortgage business? Actually quite a bit, IBM is one of Fannie Mae’s largest technology vendors...
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FHFA Chief Floats Initiatives Tied to Looser Credit: More Buyback Relief and Higher LTVs

October 20, 2014
Paul Muolo
In defining misrepresentations, FHFA will set a minimum number of loans that must be identified with one of the six trigger elements.
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MBS Prices Hit a 52-week High; Will Mortgage REITs Become a Safe Haven for Investors?

October 17, 2014
Paul Muolo
In the second quarter REITs increased their investments in MBS by 9.7 percent on a sequential basis – the largest increase among any investor type tracked by IM&A.
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What We’re Hearing: MBA Turns a ‘Profit’ Again / About that MBA Office Building / The State of the Mortgage Union / The Era of Non-QM Starts Right Now / No Clarity From Wingspan / Ellie Mae’s Sky High P/E Ratio / Yet Another Departure From Nationstar Mort

October 17, 2014
Paul Muolo
Bill Dallas, who runs Skyline Lending, told us he believes the “new” non-agency movement is beginning right now. “Today, we‘re doing 90 percent agency,” he said. “In 2017 the ratio will be 60 percent agency.”
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Is Pershing Square Still Buying More Stock in Fannie and Freddie?

October 16, 2014
Paul Muolo
According to one analyst, "Ackman is reloading the boat with the extra cash he has on hand. Hopefully, others will join him.”
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