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Home » Authors » Paul Muolo

Paul Muolo

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

ARTICLES

FBR: Thanks to Rate Volatility Jumbo Securitization Market ‘All but Closed’

June 26, 2013
Paul Muolo
The recent rate spike is causing concerns in the jumbo market, particularly for issuers.
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Short Takes: Origination Profits Tumble 21 Percent / Former Senate Staffer on Corker-Warner: Are They Sniffing Glue? / Lender Pulls Out of New Jersey Because of Fraud? / White House GSE Petition Running out of Time

June 26, 2013
Paul Muolo and Charles Wisniowski
Are huge origination profits a thing of the past? Meanwhile, time is running out on the White House GSE petition.
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Fannie Bifurcation Program for Servicing Helps Firm Up MSR Market

June 25, 2013
Paul Muolo
One of the best kept secrets in the servicing sector is a “bifurcated” mortgage program initiated by Fannie Mae that has been gathering momentum over the past six months.
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Corker-Warner Bill Introduced in the Senate, Wants MBS Guarantors to Have 10 Percent Capital

June 25, 2013
Paul Muolo
Want to issue MBS in the mortgage market of the future? Better bring your wallet.
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Short Takes: ICBA Welcomes GSE Bill But… / Look Who Owns Part of Bexil American Mortgage / Lehman Tops Buyback Dispute List / Eminent Domain, Going Nowhere Fast

June 25, 2013
Paul Muolo
Piper Jaffray owns 8.72 percent of Bexil Corp., the parent of Bexil American Mortgage. Meanwhile, ICBA likes the Corker-Warner bill, but...
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Rep. Capuano Introduces Bill to Have GSEs ‘Pay Back’ Treasury

June 24, 2013
Paul Muolo
The Congressman argues that if the two are not allowed pay down their draws from Treasury “then any future funds sent" to the U.S. should be reinvested in the housing market.
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First Guaranty Rolling Out Warehouse Program for Brokers

June 24, 2013
Paul Muolo
Mortgage brokers may soon get a new source of warehouse credit: First Guaranty Mortgage Corp.
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Short Takes: TBW MSRs Finally Sold, Quietly / REO Values Continue to Improve / No Place to Hide in This Market? / Provident Says Rate Spike is 'Ugly' / FNF Adjusts Terms of LPS Deal / HLSS Reveals Details on Borrowing Costs

June 24, 2013
Paul Muolo
Provident Funding has one word for last week's rate spike: "Ugly." Meanwhile, the TBW MSR portfolio finally gets sold...
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Freddie Mac Will Kill ‘Low-Activity Fee’ But Will Keep Some Threshold

June 21, 2013
Paul Muolo and Charles Wisniowski
Freddie Mac's "low activity fee" will be mostly eliminated. However, it will still apply to originators that have not sold a loan to the GSE in 36 months.
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IMA in Market with $2 Billion Bulk MSR Deal

June 20, 2013
Paul Muolo
With rates rising and liquidity increasing, more mortgage servicing portfolios are hitting the auction market.
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