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Home » Authors » Paul Muolo

Paul Muolo

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

ARTICLES

Nation’s Largest Table-Funder UWM Looking at a Record Year for Loan Production

August 3, 2016
Paul Muolo
According to Mat Ishbia of UWM, the loan broker segment is thriving.
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Short Takes: TIAA Buying EverBank? / PE Firms Own a Large Chunk of EverBank / Mr. Market Likes Nationstar Today / Ocwen Pays Down Debt / NovaStar Files for Chapter 11

August 3, 2016
Brandon Ivey and Paul Muolo
At press time Wednesday, the share price of Nationstar was soaring...
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Average G-Fee for 2015: 59 BPs. FHFA Chief Tells Industry Agency is Consistently ‘Re-Evaluating’ the Charges

August 2, 2016
Paul Muolo
Compared to 2011, g-fees (which include LLPAs) have increased a whopping 126 percent.
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Freddie Mac Posts $993 Million Profit for 2Q16 Despite $2.0 Billion of Marks on Derivatives; G-Fee Income Up 17 Percent

August 2, 2016
Paul Muolo
Freddie purchased $91 billion of home mortgages from its seller/servicers in 2Q16, a handsome 31.8 percent improvement from the prior period.
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Short Takes: Freddie Mac, An ‘Earner’ for Uncle Sam / GSE Investors Wonder: When Do We Get Ours? / Top LO Bolts for New Penn / Oaktree’s Non-QM Volume / Ocwen Readies $500 Million ABS

August 2, 2016
Brandon Ivey and Paul Muolo
Investors in Freddie (and Fannie Mae) common and preferred who bought their shares as a speculative investment are still wondering: Hey, when do we get some of that money?
Read More

Whatever Happened to AIG’s Spinoff of United Guaranty? We May Know More Tuesday

August 1, 2016
Paul Muolo
Most observers believe the UGC IPO will happen – it’s just a matter of when. Maybe in September?
Read More

Here Come the Nonbank Earnings. It Could Get Ugly

August 1, 2016
Paul Muolo
According to KBR, falling rates trimmed MSR values by roughly 6 percent.
Read More

Short Takes: In FHA Lending, We Don’t Trust / Let the FHA Condo Lending Begin! / MGIC Prepares Debt Offering / Tech Platform in Capital Raise / A Promotion at Williston

August 1, 2016
Paul Muolo
The new bill signed by President Obama should make condo lending a little easier...
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Rate Plunge at End of 2Q16 Means GSEs Likely Took Hits on Their Derivatives; But Strong G-Fee Revenue May Soften the Blow

July 29, 2016
Paul Muolo
Next week, the GSEs will release 2Q results and all eyes will be on the line item that reveals the net gain or loss from their derivatives, the instruments the two use to hedge their MBS positions.
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What We’re Hearing: Is the CFPB to Blame? / Or Maybe the Math Doesn’t Work / If Only the C&I Market Would Return / NAR is Happy with TRID 2.0 / Subprime Lending Continues to Hum / What’s Wrong with a 7 Percent Mortgage?

July 29, 2016
Paul Muolo
Fannie Mae recently updated its loan production estimates. The GSE projects $1.78 trillion in originations this year and $1.55 trillion next year.
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