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Home » Authors » Paul Muolo

Articles by Paul Muolo

Ocwen Tells Analysts that MSR Transfers Will Be Much Lower

September 11, 2014
Paul Muolo
it appears the halcyon days of legacy MSR sales are over. Or so Ocwen is telling Wall Street.
Read More

Short Takes: Altisource Unveils Broker Launch / If You Had Bought MGIC Stock Two Years Ago… / UGI and Other MIs Offer Rescission Relief / The ‘Jumbo Three’

September 11, 2014
Paul Muolo
Altisource Portfolio Solutions has rolled out a new operating platform for brokers, table funders and third-party vendors.
Read More

Warehouse Sector Saw Improvement in Second Quarter, But...

September 10, 2014
Paul Muolo
Wells and JPMorgan Chase are no longer the dominant forces they once were in warehouse lending, ceding market share to more nimble bankers...
Read More

Treasury Doesn’t Have FHFA’s Back on FHLB-Captive Issue

September 10, 2014
Paul Muolo
One observer familiar with Stegman’s remarks said, “I think it’s clear that he likes what Redwood is doing in the system.”
Read More

Wellington Management Dumps Most of its Stake in Ocwen

September 10, 2014
Paul Muolo
"Wellington's going to do what Wellington's going to do," said one observer of the stock sale.
Read More

Short Takes: Nonbanks Rule in the Capital Category? / Don’t Even Ask About the Wells-Ocwen MSR Deal / Mortgage Applications Tank / Fannie and Freddie Beat the Tax Man / Cordray on HMDA

September 10, 2014
Paul Muolo, Thomas Ressler, and Charles Wisniowski
We understand that when stock analysts meet with Ocwen management, executives at the nonbank usually tell them to not even ask about the deal.
Read More

FHFA Chief Expands (Slightly) on Excluding ‘Captives’ from the FHLB System

September 9, 2014
Paul Muolo
As reported by IMFnews, 18 current members are affected by the proposed ban on captives, seven of which are mortgage real estate investment trusts.
Read More

Stonegate Mortgage Likely to Securitize Residential Servicing Rights

September 9, 2014
Paul Muolo
Since the housing bust, very few mortgage firms have securitized MSRs, though they have used securitization vehicles for advances.
Read More

Richey May: Origination Market May be Looking Up

September 9, 2014
Paul Muolo
The advisory firm based its findings on the operating results of 37 independent mortgage banking companies across the U.S.
Read More

Short Takes: GSE Reform is Dead, Right? / Sen. Warren Wants Wall Street Scalps / If There’s Hope, It Lies With HELOCs / Mortgage Master Continues to Recruit LOs

September 9, 2014
Paul Muolo, Thomas Ressler, and Charles Wisniowski
Roughly 25 percent of lenders said they hope to enter the home equity lending market over the next 12 months.
Read More
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