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Home » Authors » Paul Muolo

Paul Muolo

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

ARTICLES

It’s Official: FHFA Bans ‘Captives’ From FHLB System; $35 Billion in Advances Must Go – Eventually

January 12, 2016
Carisa Chappell and Paul Muolo
REITs have gained access to the FHLB discount window with the goal of leveraging their investments in both MBS and servicing rights.
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Short Takes: FHFA to Industry: Thanks for Your 400 Comments, but No / Mortgage REITs are Not Happy / IMA Selling $3B in Ginnie MSRs / Schneider’s Salary Revealed / Executive Leaves Altisource for Altavera

January 12, 2016
Paul Muolo
In other words, the regulation to ban captives from entering the system moved forward despite overwhelming industry opposition…
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Mortgage Bankers and Brokers Shed Jobs at Yearend; Loan Officers Still in Demand

January 11, 2016
Paul Muolo
Although residential lending could fall by 20 percent in 2016, the demand for retail LOs with strong ties to Realtors and home builders should remain strong.
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Insurance Company Ups Stake in Stonegate as Lender Hits 52-week Low

January 11, 2016
Paul Muolo
Stonegate, which lost $22.8 million in 3Q15, likely will report its fourth quarter results sometime in February.
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Short Takes: TRID is Costing Consumers Too. Here’s How… / Midcap Banks Stressed Out? / loanDepot Flies the ‘Marketplace Lender’ Flag / More MSR Deals from IMA / ORM Chief Resigns

January 11, 2016
Paul Muolo
In a new press release touting its 2015 results, the privately held loanDepot LLC refers to itself on a few occasions as a “marketplace” lender...
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Compass Point Research Drops Coverage of Home Builders

January 8, 2016
Paul Muolo
DR Horton’s share price is holding up fairly well, but companies such as KB Homes, Pulte and Toll Brothers are trading near their 52-week lows.
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What We’re Hearing: TRID, a Major Crisis? / Will Public Mortgage Firms Answer the TRID Question? / Commercial Bank Rejects Most TRID Loans / Genworth, PennyMac Hit 52-Week Lows / CMLA Lists Its Priorities

January 8, 2016
Paul Muolo
Then again, we also hear reports that the worst of the TRID mess will be over by the end of February…
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Walter/Ditech Bolts the Retail Sector; ‘Fewer’ Than 200 Employees Affected

January 7, 2016
Paul Muolo
During the first nine months of 2015, retail accounted for just $400 million of Ditech’s $19.6 billion of residential production...
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Short Takes: S&P Maintains Ratings on Quicken / How About $500 Million? / Seterus a Buyer of MSRs from Ocwen / Five Oaks Ends Repo Deal with BofA / JPM Names Muriungi New Servicing Chief

January 7, 2016
Paul Muolo
The IBM-owned Seterus has been buying mortgage servicing rights from Ocwen Financial...
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Mortgage CEO: ‘TRID Cost Us $500K in Profits’ Last Month

January 6, 2016
Paul Muolo
This CEO called the letter a "godsend."
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View All Articles by Paul Muolo

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