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Home » Authors » Paul Muolo

Articles by Paul Muolo

What We’re Hearing: A Spike in Demand for ‘Key’ Mortgage Talent / About Those M&A Deals… / ‘Significant’ MSR Auctions in the Works / Good CFPB News for Ocwen and Nationstar / Risk-Based Capital for Mortgage Insurance Firms? / Carrington Under Investigatio

June 27, 2014
Paul Muolo
We continue to hear plenty of talk about mortgage mergers and acquisitions with deal announcements likely to come between early July and late August.
Read More

Another Investment Fund Amasses a Stake in PHH Corp.

June 26, 2014
Paul Muolo
Is the stock of PHH Corp. so depressed that it's a screaming "buy"?
Read More

Lenders Respond to QM 3-Point Fee Cap by Taking Profits From Gain-on-Sale

June 26, 2014
Paul Muolo
“Rather than earning on the front end, they’re increasing margins on the secondary sale," said mortgage analyst Ken Richey.
Read More

Short Takes: FHFA Moving Closer on a Risk-to-Capital Ratio for MI Firms? / Does Sterling Still Love Prospect Mortgage? / Delinquencies Hit a Multi-Year Low / Is the MSR ‘Trade’ Getting Old? / Pete Carroll’s New Director Job

June 26, 2014
Paul Muolo
What does the future hold for the hedge fund-owned Prospect Mortgage?
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Did the NY-DFS Throw a Monkey Wrench Into the Legacy MSR Market?

June 25, 2014
Paul Muolo
The market for large "legacy" MSR deals appears to be ice cold. Then again, last week there were rumors that a $50 billion transaction might be in the works.
Read More

Will Mortgage REITs Lose a Cheap Source of Funding at the FHLB Window?

June 25, 2014
Paul Muolo
Mortgage REITs found a cheap source of funding in the Federal Home Loan Bank system. But will the FHFA permanently block their access or just restrict it?
Read More

Short Takes: Did Ocwen Off-Load Some Servicing to Cenlar? / Wholesalers Capping Broker Compensation at 2.2 Percent? / The Final Squeezing of the HARP Grapes? / A Kinder, Gentler CFPB?

June 25, 2014
Paul Muolo
We talked a handful of wholesalers and were told the figure is much lower – in the range of 2.2 percent to 2.5 percent. Broker-sourced loans account for less than 10 percent of all loans funded today,
Read More

Are Fannie and Freddie Being Engineered to be Barely Profitable?

June 24, 2014
Paul Muolo
But do Fannie and Freddie really represent a faulty business model, as the White House and Treasury Department keep declaring?
Read More

Does the Mortgage Industry Still Have Too Much Capacity? Will Looser Credit Help?

June 24, 2014
Paul Muolo
Will an increase in non-QM lending arrive in time to bolster the mortgage industry?
Read More

Statebridge Names Former Seterus Executive Jay Memmott its New President

June 24, 2014
Paul Muolo
It is unclear exactly when Jay Memmott left Seterus.
Read More
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