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Home » Authors » Paul Muolo

Paul Muolo

pmuolo@imfpubs.com
@https://twitter.com/paulmuolo
Articles

ARTICLES

A Sudden Departure for CEO of Nation’s Largest MBS-Investing REIT

November 21, 2019
Paul Muolo

The firm named Chief Financial Officer Glenn Votek interim CEO and president as it searches for a permanent replacement.


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Non-QM Market is Red Hot but Not All Rip Cords Will be Pulled

November 21, 2019
Paul Muolo
When one non-QM lender agrees to sell, it stands to reason a peer company might for sale as well. Right? Not necessarily.
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Short Takes: GSE Stock Prices: Ouch / Juniors, Not the Common / Talk of Warren (Buffett, not Elizabeth) / Fitch Takes a Look at Freedom / New Hires at the FHFA

November 20, 2019
Paul Muolo

By the time recap and release is completed, an army of securities attorneys and investment bankers are going to rack up the billable hours…


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Radian Renews CEO’s Contract at $6.1 Million

November 20, 2019
Paul Muolo

Thornberry first joined Radian in February 2017. The MI ranks second in insurance-in-force and new insurance written...


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Short Takes: What’s Fannie, Freddie Common Really Worth? / The Preferreds? / Rehab or Fade Away / Piper Likes PennyMac / A Vendor Promotion

November 19, 2019
Paul Muolo
The eternal question: Is Fannie/Freddie common worth anything? Opinions have varied all decade long...
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Guild Predicts New Company Record for Originations, McGarry Will Relinquish a Title

November 19, 2019
Paul Muolo

Guild Mortgage, the nation’s 20th largest home lender (according to a ranking by Inside Mortgage Finance), is on track to originate a record $20 billion this year…


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In SEC Filing, Fannie Mae Gets Vocal on FHFA-Mandated Pay Restrictions

November 19, 2019
Paul Muolo

Fannie seems to be blaming the FHFA for the departure of former CEO Tim Mayopoulos. The mortgage giant also warns: “If there were several high-level departures at approximately the same time, our ability to conduct our business would likely be materially adversely affected…”


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Short Takes: A Busy Non-Agency MBS Market / Mild Growth for Fix-and-Flip Lender / An Attractive Yield on the Stock / A Hidden Message? / Movement Mortgage Exec Departs for Vendor

November 18, 2019
Paul Muolo and Brandon Ivey

Founded in 2010, Sachem finances real estate investors in Connecticut, Massachusetts, Florida, New York, Vermont, and Rhode Island. 


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Incenter Offering Flow Servicing Package

November 18, 2019
Paul Muolo

The Fannie Mae/Freddie Mac loans backing the MSRs are top-heavy in Texas collateral at 46.8% of the total.


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Short Takes: A Cut in FHA Premiums? (Dreaming Is Free) / However… / Calabria Doesn’t Pull Any Punches / DOA: More MBS Guarantors Will Be Chartered by Congress / Fannie Endorses SOFR

November 15, 2019
Paul Muolo

Talking to a handful of attendees at the CSBS this week, one GSE point became clear: Few in attendance believe Congress will create MORE GSEs. It’s just not in the cards – politically or otherwise.


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