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Home » Authors » Paul Muolo

Paul Muolo

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

ARTICLES

Continued Stock Market Swoon Could Spell More Refis

September 1, 2015
Paul Muolo
Moreover, one warehouse executive told IMFnews that he is beginning to get requests for increased capacity.
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Short Takes: A New Round of Cost Cutting at Stonegate? / No, the White House is Not About to Settle Those ‘Takings’ Cases / Greed is (Still) Good / Lykken Goes Solo, Sort Of / Comergence Hires Giorello

September 1, 2015
Paul Muolo
Pershing Square and Perry Capital began loading up on GSE “junior” preferred two years ago, but not because they thought it was a great investment...
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Jim Cutillo out as CEO of Stonegate Mortgage; Maybe a Sale is the Solution?

August 31, 2015
Paul Muolo
In a statement, Stonegate said Cutillo will be “redirecting” his “entrepreneurial energy on a new endeavor going forward.”
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Mortgage Gain-on-Sale Margins Coming Under Pressure: Compass Point

August 31, 2015
Paul Muolo
According to a new report from Compass Point Research & Trading, a gain-on-sale index the firm created has been contracting the past month...
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Short Takes: Will Trump Touch the Sacred Mortgage Interest Deduction? / Investors Shrug at Cutillo Resignation / Stonegate Too Cheap To Resist? / Atlantic Bay Hits 500-Employee Mark / Good News for MF Lenders, Bad News for Renters

August 31, 2015
Paul Muolo
The resignation of Stonegate Mortgage CEO Jim Cutillo didn’t do much for the stock price of the company Monday.
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What We’re Hearing: Will Banks Ever Return to Wholesale? / $354 Million for Stearns Lending? / Eventually, There Will be a Merger / The Dave Stevens ‘Flip-Flop’ Controversy / MBA’s Top Paid Consultants

August 28, 2015
Paul Muolo
What do nonbanks think about depositories avoiding the wholesale/broker sector? They love it.
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MBA Sees ‘Profit’ Rise 44.3 Percent in FY 2014; Stevens Takes Home $1.6 Million

August 27, 2015
Paul Muolo
For the year ending Sept. 30, 2014 MBA took in revenue of $51.9 million versus $39.1 million in expenses for a net profit of $12.7 million.
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Manhattan Mortgage Founder Melissa Cohn Launches New Company

August 27, 2015
Paul Muolo
Although Manhattan Mortgage operated mostly as a loan broker, a press statement from MC Home Loans describes the new company as a “banker.”
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Short Takes: Fannie Gets the Origination Blues / Hopefully, It Won’t Come True / Marix Gets Freddie Approval / Freddie Grows. Don’t Tell FHFA / MIAC Hires Trading Desk Chief

August 27, 2015
Paul Muolo
If Fannie Mae's origination forecast comes true, just $615 billion in loans will be written from July 1 to Dec. 31, an ugly outlook indeed…
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A ‘New York State of Mind’ on LO Approvals: Like Molasses

August 26, 2015
Paul Muolo
A spokesman for the NYDFS admitted that, “We’re constantly trying to improve our processing times, but we know that we have a lot of work to do..."
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