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Home » Authors » Paul Muolo

Articles by Paul Muolo

Parent of Bexil American Mortgage Loses Money, Second Top Officer Departs

June 12, 2013
Paul Muolo
The latest Bexil American Mortgage officer to leave is Jay Fuller, who held the title of national sales manager.
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Refi Specialist CashCall Contemplating Staff Cuts, Is a Sale on the Horizon?

June 11, 2013
Paul Muolo
At press time, CashCall founder and president Paul Reddam could not be reached for comment.
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Short Takes: Freddie Could Earn Even More Money / GSE Shareholder Suit Hardly a Surprise / More on EverBank’s Jumbo Deal / HUD Offers Advice on Asking About Disabilities / The Golden State of Mortgage Fraud

June 11, 2013
John Bancroft, George Brooks, Brandon Ivey, and Paul Muolo
Freddie Mac's low activity fee could add more than $2 million to its bottom line.
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Prices Paid for MSRs Hit Four-Times the Servicing Fee

June 10, 2013
Paul Muolo
When interest rates rise, so do the value of mortgage servicing rights.
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Short Takes: Cash-Out Refis, a Thing of the Past? / Fannie, Freddie Shareholder Petition Takes Off / John Paulson Bets on MI Firms / MGIC Reports Better Numbers / How to Analyze Your Shop for a CFPB Exam

June 10, 2013
Paul Muolo, Thomas Ressler, and Charles Wisniowski
Will cash-out refinancings ever return? Meanwhile, a new petition posted on the White House website that might helps GSE shareholders is taking off.
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Are Fannie and Freddie Sitting on Large Unrealized Gains in Their MBS Portfolios?

June 6, 2013
Paul Muolo
In its 10-Q filing for the first quarter, Fannie Mae reported $3.74 billion of “gross unrealized gains” on a host of different securities in its “available for sale” account.
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Broker Trade Group Vows to Sue CFPB Over ATR Amendments

June 6, 2013
Paul Muolo
The National Association of Independent Housing Professionals believes there is an anti-broker bias at the CFPB, citing new QM adjustments.
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Nationstar Reduces Cost on Servicing Advances with New $2 Billion Note Sale

June 6, 2013
Paul Muolo
Nationstar Mortgage has been an active issuer of debt this year. The nonbank continues to scour the market for servicing acquisitions.
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Short Takes: Here Come the Mortgage Layoffs? / Genworth Sheds Jobs / Bay Equity Liberalizes Underwriting / Wells Fargo Settles with HUD on REO / CFPB-FDIC Meeting Closed to Media

June 6, 2013
George Brooks, Brandon Ivey, Paul Muolo, and Thomas Ressler
Will the nation's megabanks begin shedding mortgage workers if loan applications don't rise soon?
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Warehouse Commitments Strong in 1Q, But Concerns Surface About Next Year

June 5, 2013
Paul Muolo
Nonbanks continue to request warehouse lines of credit but because of declining origination volumes, the thirst is easing somewhat.
Read More
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