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Home » Authors » Sherry Muolo

Articles by Sherry Muolo

Jet Direct Takes Off Into Wholesale

September 5, 2017
Sherry Muolo
The company hired industry veteran Joseph Boiano to oversee the new division…
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Mortgage Applications Take a Late Summer Vacation

August 30, 2017
Sherry Muolo
The refi share of new applications continues to rise…
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Short Takes: Cherry Creek Mortgage Chairman Resigns. Why? / Healthcare Benefits Extended to Same Sex Couples / Hurricane Harvey, the Aftermath / Cancelling Closings as the Storm Approached / A New High for Home Prices

August 28, 2017
Paul Muolo and Sherry Muolo
The day before, Cherry Creek Mortgage issued a statement saying it would extend health care benefits to cover same-sex couples “effective immediately.”
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BKFS: Foreclosure Inventory Drops to 12-Year Low

August 25, 2017
Sherry Muolo
In the last 12 months the foreclosure inventory has been depleted by more than 150,000 homes, a 28 percent drop.
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Short Takes: A New Loan Record for Freddie Mac / CFPB Warns Seniors About Reverses / Refis on the Rise a Bit / SFR Official Gets Ginnie Job / A New Hire for Mortgage Network

August 24, 2017
Paul Muolo and Sherry Muolo
According to a Freddie spokesman, the loan represents the “the largest-ever single-asset tax-exempt financing completed” by the GSE…
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Ellington Financial Sells $86 Million Worth of Notes

August 22, 2017
Sherry Muolo
Ellington is showing an increasing interest in the non-QM market…
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Millennials Have Major Homebuying Anxiety

August 21, 2017
Sherry Muolo
Having enough money to make a downpayment was a concern of 63 percent of millennial respondents…
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Guild Mortgage Hires PHH’s CIO Gabe Minton

August 15, 2017
Sherry Muolo
At PHH, from 2014 to 2017, Minton held the title of senior vice president and chief information officer.
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Forget the Millennials. Gen Xers Still Make Up Bulk of Borrowers, Says New Report

August 11, 2017
Sherry Muolo
Gen Xers on average favor making down payments of 20 percent, while Millennials tend to make down payments of 3 percent or less...
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Short Takes: Walter Exits Reverse Lending, May Sell the Business / Redwood Queues Up Another Jumbo Deal / Dark Money in Cordray Effort? / A Small Gain for Applications / New Hires for Churchill

August 10, 2017
Brandon Ivey, Paul Muolo, Sherry Muolo, and Thomas Ressler
It’s safe to say that CFPB Director Richard Cordray has been one of the most controversial financial regulators to work in Washington, D.C. for quite some time...
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