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Home » Authors » Paul Muolo

Paul Muolo

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

ARTICLES

A New Low for Walter’s Share Price: 64 Cents

March 24, 2017
Paul Muolo
When Walter Investment released fourth quarter results last week it declined to hold a live earnings call – somewhat of a rarity…
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What We’re Hearing: No GSE Capital in Nine Months / But Don’t Sweat It / Mel Knows / Fairholme’s Bad Bet on Sears / Impac Borrows Against Fannie Mae MSRs / Blend’s Clients Include Movement Mortgage

March 24, 2017
Paul Muolo
Not only does Fairholme own Fannie and Freddie shares, it has an investment in Sears, the troubled department store chain...
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Nationstar Mortgage EVP and CFO Robert Stiles Departs

March 23, 2017
Paul Muolo
In early March, Stiles filed notice to sell 11,931 shares of Nationstar common at a price of $18.40 a share or $219,530.
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A Change in the GSE PSPAs Coming Soon? Don’t Bet on It…

March 23, 2017
Paul Muolo
Waiting for a change in the GSE PSPAs is like waiting for Godot...
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Short Takes: GSE CSP Update: The UMBS will Arrive in 2Q19 / They Spent How Much on This Thing? / Cherry Hill REIT Taps the Equities Market / Freddie Mac Director Bolts for the Federal Reserve Bank of Atlanta

March 23, 2017
Paul Muolo
The CSP project comes with a cost: roughly $454 million has been spent so far...
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Finance of America Commercial Makes Big Push Into Broker Market with ‘Fix & Flip’ Lending

March 22, 2017
Paul Muolo
CEO Mark Filler said FoAC is now offering fix-and-flip loans as cheaply as 6.99 percent…
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Wall Streeter Phillips to Play ‘Critical’ Role at Treasury on GSE Reform; GSE ‘Principles’ Coming Soon from Trump?

March 22, 2017
Paul Muolo
Calabria joined the Trump administration from the conservative Cato Institute and is no fan of the GSEs...
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Short Takes: Reading the Mortgage Tea Leaves for 1Q17 / When in Doubt, Go Non-QM / Impac by the Numbers / Applications Fall, Existing Homes Sales Drop as Well

March 22, 2017
Brandon Ivey and Paul Muolo
Don’t look now but the yield on the benchmark 10-year Treasury is now down to 2.40 percent. And just in time for the spring home buying season…
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Subservicing Sector Starting to Look Crowded As More Firms Choose ‘Capital Light’ Strategy

March 21, 2017
Paul Muolo
The nation’s three largest residential subservicing firms are: Cenlar, Dovenmuehle and Loan Care. All are nonbanks.
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MBA: Net Origination Profit Plunged 68 Percent in 4Q16

March 21, 2017
Paul Muolo
MBA noted that including all business lines, 73 percent of the mortgage companies posted pre-tax profits for the fourth quarter, down from 94 percent in 3Q16…
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View All Articles by Paul Muolo

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