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Home » Authors » Sherry Muolo

Sherry Muolo

news@imfpubs.com
Articles

ARTICLES

How Much Are Mortgage Lenders Spending on Consumer Ads?

July 29, 2014
Sherry Muolo
According to research from the Consumer Financial Protection Bureau, all financial service companies spend $17 billion each year trying to reach consumers.
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Short Takes: Lender Focusing on Four M&A Deals? / Mechanics Bank Inks Origination Deal with RPM / California, the Golden State of Mortgage Fraud? / Fannie Vendor Denies Discrimination Allegation / EverBank is Apparently a Jaguars’ Fan

July 28, 2014
Paul Muolo, Sherry Muolo, and Charles Wisniowski
RPM Mortgage, one of the largest privately held nonbanks in California, has signed a new origination deal with Mechanics Bank, Walnut Creek, CA.
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Short Takes: A Kinder and Gentler FHA? / A Rapidly Improving MMIF? / CFPB and FTC Target Loan Modification Scammers / A Continuing Decline in Underwater Homes / MGIC CEO Culver to Retire

July 24, 2014
Paul Muolo, Sherry Muolo, and Thomas Ressler
Or perhaps the FHA is concerned that the private mortgage insurance industry will continue to gain market share at its expense?
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Short Takes: More Gripes About the FHFA IG Report on Nonbanks / Will the MI Biz Shift back to FHA? / GSE REO Contractor Accused of Discrimination / Ellie Mae Signs Fat Lease / A Rise in Mortgage Applications but Can it Last?

July 23, 2014
Brandon Ivey, Paul Muolo, Sherry Muolo, and Charles Wisniowski
One critic of the report on nonbank risk had this to say: “It’s just ridiculous what they [the IG] get away with. There’s risk in every business. Don’t they get it?”
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Signing Bonuses for Loan Officers: $20k to $30k, Or Even More

July 21, 2014
Sherry Muolo
A signing bonus for an LO sounds nice, but keep in mind that a lender has to find a way to pay for that bonus, which could result in an increase in pricing.
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Short Takes: A $300,000 Signing Bonus for an LO? / PennyMac Files to ‘Resell Shares’ / DBRS Updates Non-Agency Criteria / ‘House of Cards’ Star to Speak at MBA / So Long Eric Billings

July 21, 2014
Brandon Ivey, Paul Muolo, Sherry Muolo, and Charles Wisniowski
Did someone really pay a $300,000 signing bonuses to a new LO?
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An Increase in Originations Could Mean More Mortgage Jobs

July 18, 2014
Sherry Muolo
Lenders are being careful about costs, but rising loan volumes could force some firms to hire, at least a little bit.
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Short Takes: USB Grows Production by 27 Percent / New Applications Not So Hot / More Big MSR Deals on the Way? / Housing Starts Disappoint / Foreclosures Continue to Improve

July 17, 2014
Paul Muolo and Sherry Muolo
Luckily, JPM’s Jamie Dimon doesn’t care about such silly thing as mortgage rankings. (And he's not a big fan of FHA either.)
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Short Takes: Strong Earnings for MGIC, But a Warning Too / Non-QM to the Rescue? / Ocwen in Stock Deal with Ross / Stonegate Mortgage Gets a ‘Neutral’ Rating / Canada in for a Big Housing Correction?

July 16, 2014
Brandon Ivey, Paul Muolo, and Sherry Muolo
MGIC is operating with each GSE as an eligible insurer under a remediation plan. In trading Wednesday, its share price was down 9 percent…
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Short Takes: Quicken Overtakes JPM as the Nation’s #2 Lender? (Not Likely) / What Does Jamie Dimon Like Less, Brokers or the FHA? / BofA Cuts New Repo Deal for PennyMac / Earnings Due Soon from MGIC, Radian, Others

July 15, 2014
Paul Muolo and Sherry Muolo
Here’s a question to ponder: what does Jamie Dimon like less? Loan brokers or the FHA?
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View All Articles by Sherry Muolo

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