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Home » Authors » Paul Muolo

Articles by Paul Muolo

Short Takes: The Eminent Domain Lobby Commences / Who Loves Refis? These Lenders Do / FirstREX Branches Out with Downpayment Product / Kansas Bank Expands Mortgage Presence / Auction.com on Jumbos / Mods Hold Steady

September 19, 2013
George Brooks and Paul Muolo
Wall Street will hit the halls of Congress on the issue of eminent domain. Meanwhile, these lenders are refi-heavy: Wells Fargo, Chase, and Quicken. See our exclusive list.
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Lower GSE Loan Limit Announcement Coming Soon, NAR Wants Meeting with FHFA

September 18, 2013
Paul Muolo
If FHFA lowers the Fannie Mae/Freddie Mac loan limit, will that business shift over to the FHA?
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Short Takes: Nationstar Admits Funding Delays / Equity Loans Picks Up IFG Staff / RFC Closes Charlotte Operations Center / FHA Runs Out of Multifamily Money / Two New MSR Deals From MountainView

September 18, 2013
George Brooks and Paul Muolo
Brokers and others who do business with Nationstar Mortgage said they’ve been hearing stories about two-week delays on funds being delivered. Meanwhile, FHA has run out of multifamily money.
Read More

IFG of Pennsylvania Begins Cutting Staff, Firm Will Transition to New Platform

September 17, 2013
Paul Muolo
It appears that Integrated Financial Group of Pennsylvania is the latest victim of the mortgage downturn.
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Fannie Names Former Barclays Executive to Head Common Securitization Platform

September 17, 2013
Paul Muolo
Who better than a former Wall Street executive to manage Fannie Mae's role in the common securitization platform project?
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Essent Changes Mind, Decides to Go Public After All

September 17, 2013
Paul Muolo
First, National MI files to go public, now Essent. One might assume the mortgage insurance industry is red hot.
Read More

Short Takes: GSE Earnings Could Fade / Eminent Domain Moves Forward in California But… / Will PHH Sell Fleet Division? / Appraisers Getting Stiffed by AMCs / Large Lender has IT Snafu?

September 17, 2013
George Brooks and Paul Muolo
Fannie Mae and Freddie Mac will not earn a ton of money forever. Or will they?
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Fannie Names Terry Edwards COO; He May Get Common Securitization Platform Oversight

September 16, 2013
Paul Muolo
Terry Edwards has received high marks for his accomplishments at Fannie Mae. But can he get the CSP off the ground?
Read More

Bulk MSR Deals From IMA, Phoenix and Prestwick

September 16, 2013
Paul Muolo
Bulk offerings of mortgage servicing rights, even new production, are now plentiful.
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Short Takes: Wanted, East Coast Mortgage Banking Firm / Wells Continues to Offer ‘Cheap’ Jumbos / Where Does Yellen Sit on QE3? / Rising Rates, No Big Deal / Single-Family REO, a New Asset Class?

September 16, 2013
Paul Muolo and Thomas Ressler
Mortgages banking firms are still in demand, but pricing may fall. And at Wells Fargo, it's jumbo rates remain cheaper than GSE rates.
Read More
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