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Home » Authors » Paul Muolo

Paul Muolo

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

ARTICLES

TIAA Makes it Official: Financial Services Firm will Buy EverBank; A $93.2 Million Termination Fee Though

August 8, 2016
Paul Muolo
TIAA is headed by Roger Ferguson, former vice chairman of the Federal Reserve Board.
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Caliber Hires New SVP of Consumer Direct. Executive Joins Nonbank from loanDepot

August 8, 2016
Paul Muolo
According to figures compiled by Inside Mortgage Finance, Caliber had a sequential production growth rate of 51.9 percent in the second quarter...
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FHFA Says if Severe Recession Hits, GSEs Could Need $125.8 Billion of Federal Assistance

August 8, 2016
Paul Muolo
The stress test calculation is mandated by the Dodd-Frank Act and applies to Fannie and Freddie because each have $10 billion or more in assets.
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Short Takes: GSE Net Worth Minimum to Double? What? / Myth and Rumor / Lender Anxiety Over High Home Prices / TRID 2.0 a Net Positive? / A Clarification on Two Harbors MBS

August 8, 2016
Paul Muolo and Thomas Ressler
Higher net worth requirements coming on GSE loans?
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IMA Offers $8.87 Billion of Ginnie Mae Servicing Rights

August 5, 2016
Paul Muolo
California accounts for the largest share of the collateral at 12.8 percent, based on dollar volume. Florida is second at 8.6 percent.
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What We’re Hearing: Killing the GSEs Is Not an Option, Really / An Irony for GOP Mortgage Pros / Don’t Forget to Factor in G-Fee Money Under the Payroll Tax Cut / NAR Weighs In on G-Fees / Getting Comfortable with Subprime / New Penn Hires Junkmann

August 5, 2016
Paul Muolo
One of the largest players in the "new" nonprime mortgage industry is Citadel Loan Servicing, Irvine, CA, which now has a portfolio totaling $600 million.
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Fannie Mae Posts $2.9 Billion Profit for Second Quarter; Strong Performance May Spark New Calls for G-Fee Cut

August 4, 2016
Paul Muolo
Overall, Fannie Mae’s bottom line was bolstered by a strong quarter for originations: $510 billion in the second quarter compared to $380 billion in the first, according to Inside Mortgage Finance.
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Short Takes: PennyMac Financial Strikes Deal on Distressed MSRs / A Loss for the PennyMac REIT / Two Harbor’s Last Jumbo MBS / JPMorgan Chase Readies New Deal / Apps Drop / A New Hire for Silver Hill

August 4, 2016
Brandon Ivey, Macie Jones, and Paul Muolo
Looks like JPMorgan Chase is getting ready to issue yet another jumbo MBS...
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CFPB Codifies New Foreclosure Prevention Rules. The ‘Only Once’ Rule is Out the Door

August 4, 2016
Paul Muolo
Under the agency’s current rules, residential servicers must tell a mortgagor about their foreclosure prevention options just once over the life of a loan.
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Nationstar Whipsawed by MSR Marks, Loses $92 Million in 2Q; Revenue Rises Along with Originations

August 3, 2016
Paul Muolo
The company has been diversifying heavily into subservicing contracts and over the past year has struck outsourcing deals with USAA and Seneca Mortgage Servicing.
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View All Articles by Paul Muolo

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