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Home » Authors » Paul Muolo

Paul Muolo

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

ARTICLES

Short Takes: Layoffs of Almost 1,000 at Ditech / Employee Retention Woes / Fannie Mae is a Large Customer / JPMorgan Readies Another Prime Non-Agency Deal / Quicken Teams up with Airbnb-Like Firm

April 18, 2019
Brandon Ivey and Paul Muolo

The Chapter 11 bankruptcy filing also reveals that Fannie Mae is a large subservicing client of Ditech’s, though not its largest. That distinction belongs to New Residential Mortgage, the REIT…


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JPM Has a New Mortgage (Consumer) Chief: Marianne Lake

April 18, 2019
Paul Muolo

The Lake promotion comes about two weeks after JPM Chairman and CEO Jamie Dimon in a letter to shareholders said the megabank is considering significant changes in its home lending operations...


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Ditech Discloses Limited Financials and It’s Not Pretty: A $105 Million Loss for February

April 18, 2019
Paul Muolo

The Ditech financial hole just got bigger...


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Short Takes: A ‘Perfect Storm’ Hammered Mortgage Profits / How Bad? Try 2008 / Ocwen Grants CEO Messina Stock Awards / Colony Set to Buy PFB Mortgage / Evolve Hires Former Wells Executive as Mortgage President

April 17, 2019
Paul Muolo

The negative factors include higher rates, lower originations, and rising expenses, resulting in the lowest net production income per loan reading since 2008...


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Rates Creeping Back Up and That Means One Thing: Lower Applications

April 17, 2019
Paul Muolo

No one in the industry is hitting the panic button quite yet. After all, it’s the spring home buying season...


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Short Takes: A Record Non-QM Quarter for Angel Oak / $9.7B Under Management / Good News for FHFA, Bad News for HUD / Filling the Holes / Take Our Servicing Trivia Test

April 16, 2019
Paul Muolo
A record production quarter for Angel Oak...
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The Next Big Question for GSE Watchers: Dividends

April 16, 2019
Paul Muolo

But when to end the dividend payments? June, September? Opinions differ.


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BofA Bucks the Trend, Reports Higher Residential Originations

April 16, 2019
Paul Muolo

Compared to 1Q18, first-lien production increased 21.6%...


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Short Takes: Standing Room Only / Respect the Caps Bill Introduced (Has Nothing to do with Hockey) / Signs of Life in Warehouse Lending / Radian Director Won’t be Back

April 15, 2019
Paul Muolo and Dennis Hollier

Thanks to lower rates, warehouse providers are seeing signs of life once again...


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Wells Fargo's First Quarter Results Suggest Mortgage Apps are Now Booming

April 12, 2019
Paul Muolo

Wells' results also suggest that better days are ahead for originators everywhere...


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View All Articles by Paul Muolo

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