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Home » Authors » Paul Muolo

Paul Muolo

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

ARTICLES

Investors in Walter Get a Sweet Deal: a 9 Percent Note Rate

January 30, 2018
Paul Muolo
According to a new SEC filing, the unsecured notes previously matured in 2021 and carried a yield of 7.88 percent.
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Short Takes: Mnuchin Says Treasury Remains Committed to GSE Reform / The 30-Year FRM Must Survive / More Private Capital, Yes / Thomas Marano’s New Problem to Solve: Walter / After 25 Years, Exec Bolts PHH for Home Point

January 30, 2018
Carisa Chappell and Paul Muolo
Mnuchin said the 30-year FRM cannot survive without Fannie and Freddie...
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GSE Reform Draft (#29) Lays Out a New Mortgage Market with a Federal Guarantee but Private Capital; FHFA and Ginnie in Charge; Treasury Can’t Sell GSE Stock

January 30, 2018
Paul Muolo
Treasury would be barred from selling or disposing of “any senior preferred shares, any interest in the warrants, any common shares acquired upon the exercise of the warrants, or any other equity interest that were acquired pursuant to the Senior Preferred Stock Purchase Agreement.”
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PIMCO in the Throes of Restructuring FGMC, Installs New President

January 29, 2018
Paul Muolo
One advisor familiar with the situation called the hiring of Samples and a recent batch of layoffs at FGMC, “a clean sweep of the corporate suite.”
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Mortgage Bankers Have Tough Time Reducing LO Compensation

January 29, 2018
Paul Muolo
Industry consultant Joe Garrett: “Commissions to retail loan officers are still just about the biggest expense in the industry.”
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New Milken Institute Report: The ‘Protected’ GSE Duopoly Must End

January 29, 2018
Paul Muolo
The authors note that 90 percent of Fannie/Freddie MBS trading occurs in the TBA forward market.
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Short Takes: Women Mortgage Bankers Weigh In on Sexual Harassment / How the Survey was Conducted / Part of a Broader Conversation / A Whopper of an MF Loan Using Fannie Mae’s Money / NAR to FHFA: Reduce G-Fees Now / Mortgage Tech Vendor Gets New President

January 29, 2018
Paul Muolo
In total, 13.5 percent of the 2,000 women who were sent the survey responded.
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Department of Justice Issues Subpoena to Lennar’s Mortgage Affiliate

January 26, 2018
Paul Muolo
Lennar said the mortgages funded by its affiliate were “originated and sold in prior years.”
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What We’re Hearing: When the GSE Status Quo Ends / Burn This / Peter Wallison for FHFA Director? / Painful Memories at MGIC (The First Cut is the Deepest) / A Spot Check on Mortgage Applications / A Promotion at WFG National Title

January 26, 2018
Paul Muolo
As for the FHFA position, several trade group chiefs fear that once Watt departs, the FHFA will be put in the hands of a Mick Mulvaney-type...
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MBA’s Prediction on GSE Reform: the Legislation will do ‘No Harm’ to Fannie and Freddie

January 25, 2018
Paul Muolo
In a statement issued to Inside Mortgage Finance, Sen. Mark Warner, D-VA – a key player in the process – said he is still interested in the topic, noting the panel wants a...
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View All Articles by Paul Muolo

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