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Home » Authors » Paul Muolo

Paul Muolo

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

ARTICLES

Short Takes: The CSP is Costing How Much? / As for the Implementation Date… / Ocwen Loses Money on MSR Sale / Walter’s ‘Insurance’ Transaction? / A New Hire for MIAC

September 16, 2015
Paul Muolo
Technology, like MBS, can be complicated. Just read the new FHFA report…
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Ocwen Now Expects a Loss for 2015, Unveils Cost Cuts; Oh, and It Hopes to be a Top 10 Lender

September 15, 2015
Paul Muolo
Ocwen blames the anticipated loss on lower revenue and higher operating expenses.
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Ocwen Now Expects a Loss for 2015; More Layoffs Planned; Oh, and It Hopes to be a Top 10 Lender

September 15, 2015
Paul Muolo
According to figures compiled by Inside Mortgage Finance, Ocwen may have a long way to go in meeting its production dreams...
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Short Takes: Almost All GSE-Related Legislation is DoA / Don’t Kill the Golden Goose / Those Crazy Common Investors / The GSEs Are Worth $105 Billion? / Brian Webster’s Resume

September 15, 2015
Paul Muolo
In 2Q, the GSEs earned $8.8 billion combined. Multiply that by four (quarters) and then three (years) and you get $105.6 billion.
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Home Point Looks to Buy Servicing Rights, Add Another Retail Team

September 14, 2015
Paul Muolo
Recently, Home Point added a large retail lending team from Great Plains Bank and Newman promised that “we have another large retail team scheduled to come on in the next several weeks.”
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Nationstar Trademarks the Name ‘Mr. Cooper.’ But Why?

September 14, 2015
Paul Muolo
"Mr. Cooper" seems like an odd name for a mortgage company to trademark, but you never know...
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Short Takes: Skyline Aims to Reduce LO ‘Posses’ / The Coming Texas Housing Bust / Go With the Astros, Not the Cubs / MSR Deal From Prestwick / CRE Outlook From Auction.com / Ocwen, Not Made in America

September 14, 2015
Paul Muolo
Irony or good business?: Ocwen's mortgage customers are located in the U.S., but the back office staff processing their loans are mostly overseas.
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Concern Over Gain-on-Sale Margins Heats Up as Volumes Begin to Drop

September 11, 2015
Paul Muolo
As one jumbo securitization officialtold Inside MBS & ABS: “Gain-on-sale margins have been okay, but no one is buying a new boat.”
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What We’re Hearing: A Couple of Mortgage IPOs on the Way? / Profits are Still Good / $2B To Invest? / Heading for the Exits Because of the CFPB? / Lenders One Zeroes in on CEO Candidate / About Those GSE Pay Raises…

September 11, 2015
Paul Muolo
Regulatory fears are driving the desire by some owners/CEOs to exit the mortgage business, but we’ve heard that refrain before.
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Mutual Fund Giant Fidelity Reduces Ocwen Stake to a Fraction

September 10, 2015
Paul Muolo
Besides Fidelity, other institutional investors have slashed their holdings in the company, fearing that its best days are behind it.
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View All Articles by Paul Muolo

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