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Home » Authors » Paul Muolo

Articles by Paul Muolo

Chief Investment Officer Bill King Departs Carrington

December 5, 2013
Paul Muolo
Bill King joined Carrington 18 months ago, but recently departed the firm, which is owned by a hedge fund.
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Nationstar Mortgage May Buy $50 Billion in MSRs, Walter $31 Billion

December 5, 2013
Paul Muolo
Is the mortgage servicing sales market beginning to slow? Not in the least. Nationstar and Walter are active buyers.
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Potential Investors Still Eyeing Ellie Mae, But Concerns Emerge Over Price

December 5, 2013
Paul Muolo
Ellie Mae has annualized revenues of roughly $130 million. The company went public two years ago.
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Short Takes: Solutionstar IPO Could Come in First Quarter / But Another Mortgage Firm May Nix Its IPO / WJB Will Fund $5 Billion This Year / Hot Loan Markets / MGIC Stock Nears 52-Week High

December 5, 2013
Paul Muolo
Inside Mortgage Finance is hearing rumblings about a mid-sized nonbank that was contemplating an initial public offering pulling the deal.
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M&A: IMH Sells a Servicing Platform, Flagstar Finally Unloads MSRs?

December 4, 2013
Paul Muolo
Impac Mortgage released a statement on the sale of a servicing affiliate, but was light on details, including the identity of the buyer.
Read More

NewLeaf Hopes to Table Fund $1.5B Through Brokers

December 4, 2013
Paul Muolo
Bill Dallas sees NewLeaf table funding a huge amount of mortgages through brokers next year.
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Short Takes: Ocwen Will Enter Non-RE Subprime Market / Daurio Meets with Potential Investors / Non-Agency Fundings Continue to Boom at Citadel / More Bad News on Mortgage Profits / Delay in CSP Job / CoreLogic Eyes SF Rental Market

December 4, 2013
Brandon Ivey and Paul Muolo
In other subprime news, industry veteran Jon Daurio was recently in New York talking to potential investors about his new nonbank venture, Nikkael Capital Corp.
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Short Takes: Maybe the QM Won’t Be So Bad After All / Then Again… / Big Problems Coming From Higher Flood Insurance Premiums / Opus Sold to an Indian Firm / FHFA Gets a $1.2 Billion 'Claim'

December 3, 2013
Paul Muolo, Thomas Ressler, and Charles Wisniowski
What's the outlook for making mortgages collateralized by homes located in federal flood plains? Answer: Not so good.
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PennyMac the Winning Bidder on CashCall’s $10 Billion of MSRs?

December 3, 2013
Paul Muolo
Several large bulk MSR deals are pending, but can they get done before year-end?
Read More

Walter Plans New $1.6 Billion Credit Line, Will Buy More MSRs

December 3, 2013
Paul Muolo
The fast growing Walter Management also will sell $500 million worth of senior notes through a private placement.
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