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Home » Authors » Paul Muolo

Paul Muolo

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

ARTICLES

Wells Fargo Files 13G on Ocwen Ownership, but It’s Not What You Think

February 1, 2016
Paul Muolo
Although Wells does not own the shares per se, it shows that some of the bank’s wealthier clients are speculating in Ocwen’s stock.
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Short Takes: Equifax Includes FHA in its ‘Subprime’ Numbers / When is Subprime Not FHA? / It Appears PHH is Trading at a Discount / A Jumbo Loan for the Playboy Mansion? / President Trump Might Free the GSEs

February 1, 2016
Brandon Ivey and Paul Muolo
Super-jumbo lenders take note: Hugh Hefner’s Playboy mansion is now officially for sale.
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A Secondary Market Develops for ‘Scratch & Dent’ TRID Loans; Mid-America, Others are Buying

February 1, 2016
Paul Muolo
One company that confirmed its interest in scratch-and-dent TRID loans is Mid America Mortgage.
Read More

Residential Credit Solutions Sold to Walter Through an Asset Transfer

January 29, 2016
Paul Muolo
The REIT had hoped to buy an originator too, but the transaction fell apart...
Read More

What We’re Hearing: Oh, and Here’s a New Fee / Losing Money on Loans Because of TRID? / Too Embarrassed to Give TRID Results? / What Would Ed DeMarco Say Now? / Phoenix Out with New MSR Deal / Promotions at Stonegate

January 29, 2016
Paul Muolo
90 cents on the dollar for a mortgage with TRID errors? That can't be welcome news...
Read More

Nonprime Lender Citadel Hopes to Grow Correspondent Base Five-Fold

January 28, 2016
Paul Muolo
Citadel serviced roughly $375 million of non-prime, non-agency mortgages at yearend, a three-fold increase from the year before...
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FHA Slashes Annual Premiums by Half – For Certain Multifamily Loans, That Is

January 28, 2016
Paul Muolo
One observer who follows the program had this to say: “It’s nice of them [FHA] to give money away in an election year. It’s not like they need the volume.”
Read More

Short Takes: The Top Mortgage Performer Is… / And the Lender with the Weakest Growth Is… / New Jumbo MBS From WinWater Offers Investors a Choice / Promotions at Mortgage Master

January 28, 2016
Brandon Ivey and Paul Muolo
Analysts continue to believe that PHH's shares are undervalued based on “book” price…
Read More

The Retail Quitters Are … Some Mortgage Branch Managers Cutting Deals?

January 27, 2016
Paul Muolo
Asked why these employees would join his company, the executive said the current owners of his target have become less competitive on pricing and trimmed compensation for loan officers.
Read More

Trade Group Chief: Suspend TRID Immediately; Does the Consumer Even Read the CD?

January 27, 2016
Paul Muolo
In an interview with IMFnews, NAIHP president Marc Savitt said the new forms are confusing and "the three-day waiting period is useless and unnecessary.”
Read More
View All Articles by Paul Muolo

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