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Home » Authors » Paul Muolo

Articles by Paul Muolo

Rates Spike, 10-Year Just Shy of 2.4 Percent, Loan Officers Concerned?

June 20, 2013
Paul Muolo
When rates rise, loan officers begin to bite their nails, unless they are heavily reliant on purchase-money loans.
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Short Takes: Corker-Warner GSE Bill to Drop Next Tuesday / Ocwen Spin-off to Sell More Shares / CFPB Chief Cordray Defends ATR / FHA Performance Looking Up? / Stonegate Hires New Secondary Chief

June 20, 2013
George Brooks and Paul Muolo
The Corker-Warner GSE bill could see the light of day next Tuesday. Meanwhile, HLSS is selling more shares to the public.
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Flagstar Once Again Contemplating Selling Huge MSR Package

June 19, 2013
Paul Muolo
Thanks to rising interest rates, now may be the time for Flagstar to sell a huge block of servicing.
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Short Takes: MBA Wants GSEs to Synchronize Their AU Engines / Poll Shows Lenders Want GSEs Left Alone / A New Player in Wholesale / Cerberus Bidding on NPLs, More / Hank Paulson Wanted Receivership for Fannie and Freddie

June 19, 2013
Brandon Ivey and Paul Muolo
MBA pushes for GSE AU engines to be synchronized. Meanwhile, a factoid of mortgage history: Treasury chief Paulson wanted Fannie and Freddie put in receivership.
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Are Mortgage Company Sellers Holding Out For Too Much?

June 18, 2013
Paul Muolo
With rates rising and refis falling, will certain mortgage companies head for the exits? And if they do, will they get too greedy on the sale price?
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Former Regulator Lockhart: Let GSEs Issue MBS Without Insurance

June 18, 2013
Paul Muolo
Former GSE regulator James Lockhart noted that only one “catastrophic” guarantor is needed, though he stressed that “you need more than one issuer.”
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PennyMac Financial Awards $6.6 Million in Stock to Top Officers

June 18, 2013
Paul Muolo
PennyMac Financial must be rolling in the dough: the firm is handing out huge stock awards to its top officers.
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Short Takes: Don’t Buy GSE Preferred, Says Former Regulator / The Dr. Frankenstein of the Mortgage Industry / Mortgage Master Ramps Up Jumbo Lending / Not so Fast on Using a HELOC to Pay Off Student Loan Debt / Auction.com Branches Out

June 18, 2013
Paul Muolo and Thomas Ressler
Only a crazy person would speculate in GSE junior preferred stock. Meanwhile, Dr. Frankenstein reveals himself.
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I Love New York? Not If You Need LO Approvals Quickly

June 12, 2013
Paul Muolo
Five different nonbank lenders were asked by Inside Mortgage Finance to name the slowest states in terms of approval times. All cited New York as being among the worst.
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Short Takes: Two Mid-Sized Nonbanks on the Auction Block / Buying GSE Stock is Not for the Faint of Heart / Underwater Homes Decline / Mortgage Master Expands Again / CFPB Brags About its Nonbank Supervision

June 12, 2013
Paul Muolo and Charles Wisniowski
The M&A rumor mill continues to spit out names. An offering book is circulating on CashCall and at least one other shop, IMF has learned.
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