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Home » Authors » Paul Muolo

Paul Muolo

pmuolo@imfpubs.com
@paulmuolo
Articles

ARTICLES

Short Takes: Nonprime Lender Angel Oak Hires Correspondent Chief from Freedom Mortgage / A Nice Pay Check if you Can Get Fired / Can the Senate Banking Committee Count? / A QM Exemption? / Former MI, GSE Exec Gets Top Post at HUD

May 10, 2017
Paul Muolo and Thomas Ressler
PHH's new CEO, Robert Crowl, has a termination package that could be worth $4.54 million…
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SEC Launches Probe into ‘Certain’ Single-Family Rental Securitizations

May 9, 2017
Paul Muolo
A Radian spokeswoman said the investigation “does not appear to be specific” to Green River Capital…
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Short Takes: Pence Economist and GSE Expert Calabria Cancels Speech / Former OCC Chief Eugene Ludwig Pinch Hits / FHFA Notes Chattel Risks / A Sweet Deal for Redwood / Irving Mayor Gets HUD Post

May 9, 2017
Paul Muolo
The FHFA wants the GSEs to provide liquidity to the trailer home market but there are risks...
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Former Fannie Mae, MI Official Adolfo Marzol Named Senior Advisor to HUD Secretary

May 9, 2017
Paul Muolo
During his long career in mortgage finance, Marzol held senior posts at Fannie Mae where he served as executive vice president and chief credit officer...
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Phoenix Selling Almost $5 Billion of Servicing Rights

May 8, 2017
Paul Muolo
The company that owns the portfolio was described in the offering circular only as an “experienced seller.”
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The BLS Numbers: Mortgage Bankers Trim Head Count, Loan Brokers Hire

May 8, 2017
Paul Muolo
AmeriHome Mortgage, a larger correspondent buyer of loans, recently said it’s hiring internal support positions.
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Short Takes: KBW Questions the Value of CRTs for Fannie and Freddie / A Price Target of $1 a Share / Cardinal Enters Wholesale Arena / Stevens Weighs in on GSE Speculators / Greystone’s New Hire

May 8, 2017
Paul Muolo
Some in the industry believe the GSE common shares are essentially worthless with the junior preferred falling into the category of being a speculative bet.
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Strong 1Q17 Results from Fannie Mae but Down from 4Q16; Account Surplus with Treasury Will Top $43.8 Billion

May 5, 2017
Paul Muolo and Carisa Chappell
In response to a question about Fannie's capital buffer, Mayopoulos said, “It’s our mission to provide liquidity in all markets at all times and we’re continuing to do that. I am glad to see that policy makers are starting to refocus on housing market reform including the lack of capital at Fannie Mae and Freddie Mac.”
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A Bull Market for Newly Originated Nonprime Whole Loans?

May 5, 2017
Paul Muolo
One fact seems certain: there are more purchasers for non-agency/nonprime loans than a year ago with a handful of foreign and even U.S. banks contemplating acquisitions…
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Nationstar Earns Just $2 Million in 1Q17; Firm Set to Board $155B in MSR Contracts

May 4, 2017
Paul Muolo
On the origination side of the equation, Nationstar funded $3.81 billion, a 13.2 percent drop from 4Q16.
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View All Articles by Paul Muolo

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