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Home » Authors » Paul Muolo

Paul Muolo

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

ARTICLES

Some Lenders Closing Instead of Selling

April 7, 2023
Paul Muolo
If the price isn't right, some owners are closing shop rather than selling their company.
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Lenders Increasingly Unhappy on GSE Buybacks

April 6, 2023
Paul Muolo
No one likes to be asked to repurchase a mortgage that’s already been securitized. But are the GSEs playing too tough on buyback requests on performing loans? The issue has reached the FHFA.
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An Awful Origination Quarter Has Ended. Good Riddance

April 6, 2023
Paul Muolo
Mortgage rates are starting to come down a bit, but the first quarter of the new year was a challenge for most. The worst of it, hands down, was January, with February seemingly brighter.
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Alternative to M&A: Shuttering the Company Outright

April 6, 2023
Paul Muolo
Don’t like the bids you received for your mortgage company in a tough market? Maybe the easiest (and safest) thing to do is self-liquidate and keep the cash that was on the balance sheet.
Read More

Nice Pay Raises for the C-Suite at Mr. Cooper

April 5, 2023
Paul Muolo
Mr. Cooper, like many mortgage shops, has engaged in large-scale layoffs the past year to bring costs in line with revenues.
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Finance of America Closes on AAG Purchase, Reduces Cash Terms

April 3, 2023
Paul Muolo
AAG was the nation’s largest home equity conversion mortgage lender last year with $5.8 billion of production...
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Short Takes: A Bank Enters the Subservicing Arena / 3 Out of 10 / A Crazy Profit From Buying Underwater Assets / FDIC Receives NYCB Stock / Risk and the FHLBs

April 3, 2023
Paul Muolo and Dennis Hollier
NYCB issued to the FDIC as receiver of Signature just over 39 million shares of the bank’s common...
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Fix-and-Flip Lender Grows Portfolio by Almost 40%

March 31, 2023
Paul Muolo
Sachem’s loans range in size from $2,600 to $27.3 million. Wells Fargo is one of its financiers...
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Chimera Readies New DSCR Security

March 31, 2023
Paul Muolo
A large chunk of the loans were funded by Kiavi Funding and Lendmarq...
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Short Takes: In Trouble: Bank Examiners / The White House Wish List / A New Book from a Former GSE Regulator (Not Calabria) / Class-Action Progress Against NAR

March 31, 2023
Paul Muolo
The White House this week issued a fact sheet that makes several recommendations for banking regulators...
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View All Articles by Paul Muolo

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