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Home » Authors » Paul Muolo

Paul Muolo

pmuolo@imfpubs.com
@paulmuolo
Articles

ARTICLES

Short Takes: More Servicing Deals on the Way? / Another Top Executive Departs Wingspan? / BofA Gaining on Wells? / Impac Gets a Line of Credit / Ex-Lenders One Chief Lands at Embrace

July 1, 2015
Paul Muolo, John Bancroft, and Brandon Ivey
Wells Fargo was the top seller to Freddie Mac in 2Q with $12.6 billion, according to newly compiled figures from Inside Mortgage Finance, but BofA was a somewhat close second...
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Big Pay Raises for Fannie and Freddie CEOs; How Does $4 Million a Year Sound?

July 1, 2015
Paul Muolo
A few years back, then FHFA Director Ed DeMarco cut the compensation of the CEOs as a response to lawmaker concerns.
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Short Takes: GSEs Hike LPMI Capital Requirements / Is LPMI Really Riskier? / The Trouble with Mortgage Co-ops and Free AU / Applications Wane / Hiring at NMI

July 1, 2015
Paul Muolo, John Bancroft, and Sherry Muolo
The Consumer Financial Protection Bureau also is reviewing LPMI, but from a different angle: RESPA and the "discounting" of such policies…
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A Final Tally From the FHFA: Record G-Fees/LLPAs in 2014

June 30, 2015
Paul Muolo
Prior to the financial crisis and the government takeover of Fannie and Freddie, some seller-servicers had “strategic alliance” deals that allowed them to pay under 15 basis points in g-fees...
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Short Takes: So, Where’s the Rate Plunge? / MBS Prices? / CitiMortgage Fails a Servicing Metric / Pending Home Sales Bright / A New Hire for DocMagic

June 30, 2015
Paul Muolo, Brandon Ivey, and Sherry Muolo
With Greece ready to crack up, it was thought that mortgage rates might plunge. But it hasn't happened yet...
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RoundPoint Buyer Walks, Firm Still Open to Offers

June 29, 2015
Paul Muolo
According to figures compiled by Inside Mortgage Finance, at March 31, RoundPoint serviced $46.88 billion in home mortgages.
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After Hedge Fund Accumulates Large Stake, Walter Enacts ‘Poison Pill’ Language

June 29, 2015
Paul Muolo
In total, the Baker Street hedge fund now controls 8.4 million shares of Walter Investment Management, the parent company of Green Tree Servicing.
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Another Call Center Operation Sold: Prospect Mortgage Buys Certain Assets of CapWest

June 29, 2015
Paul Muolo
According to figures compiled by Inside Mortgage Finance, the privately held Prospect ranks 34th among all residential lenders.
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Short Takes: A Killer Quarter for Fannie and Freddie? / A Shrinking Market: Bad Loans / Turn, Turn, Turn Times / Stonegate’s Third-Party Loan Portal / New Hires for Mortgage Network, Ellie Mae

June 29, 2015
Paul Muolo and Brandon Ivey
Why do loan turn times – application to closing – vary so much?
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What We’re Hearing: Lowering the Boom on LPMI? / Ex-Goldman Sachs MGDs In Love With Subprime? / Leaving Mortgages for Weed / PIMCO’s Non-Agency MBS Plans / Industry Vet Mike McMahon Retires

June 26, 2015
Paul Muolo
Former Goldman Sachs officials sure like the nonprime mortgage space. (It's all about yield.)
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