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Home » Authors » Paul Muolo

Articles by Paul Muolo

Caliber Enters the Correspondent Channel, Taps PennyMac Executive

May 7, 2013
Paul Muolo
Caliber Funding sees a huge opportunity in correspondent lending.
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Short Takes: Industry Wants Lower GSE Loan Limits / FirstREX Will Take Equity in a Home / Cramer Likes Ellie / United Guaranty on a Roll / About that FHA Premium Promise…

May 7, 2013
George Brooks and Paul Muolo
The mortgage industry wants lower Fannie Mae/Freddie Mac/FHA loan limits. But will it happen?
Read More

Nationstar Launches $1.375 Billion Debt Offer, Mentions Suspension of Foreclosures

May 6, 2013
Paul Muolo
Business must be good for Nationstar Mortgage. The fast growing servicer is trying to pull off a huge debt swap.
Read More

Steadfast Wants to Help Nonbanks Raise Capital / Stevens Seeks a Dialogue with FHFA on New Regs / BofA (Sort of) Comments on MSR Sale / Daurio Continues Hunt for Subprime Cash / GSE MF Worthless?

May 6, 2013
Paul Muolo and Charles Wisniowski
A new investment banking firm wants to help nonbanks raise capital.
Read More

IMA Finds Buyer for $12.7B of MSRs, Floats Another Large Package

May 2, 2013
Paul Muolo
The bulk servicing market is showing signs of heating up: IMA has two deals totaling $23 billion in the works.
Read More

California Nonbank Skyline May Double Originations This Year

May 2, 2013
Paul Muolo
Skyline Home Loans, a shop controlled by industry veteran Bill Dallas, could double loan originations this year. Roughly 35 percent of its fundings entail purchase money loans.
Read More

Short Takes: PHH Sees Its Gain-on-Sale Drop / Flippers Say ‘Viva’ Las Vegas and Orlando Too / Auction.com Sells Apartment Buildings in Competitive Bid / Treasury Comes Clean on HAMP / Sen. Corker Uncorks

May 2, 2013
Brandon Ivey and Paul Muolo
PHH Mortgage saw its gain-on-sale margin decline but it marked up the value of its MSRs.
Read More

Denver Nonbank W.J. Bradley Does ‘Roll Up’ Deal with Washington Lender

May 1, 2013
Paul Muolo
W.J. Bradley isn't necessarily buying Legacy Group Lending, but the two firms are combining forces.
Read More

Short Takes: FHFA Issues Progress Report on Securitization Platform / But Little Progress in Finding a Platform CEO / Union Bank Buys LPS Software / Ally Totally Out of MSRs / Shiller Not so Bullish on Housing

May 1, 2013
Paul Muolo and Charles Wisniowski
FHFA issues progress report on the "common securitization platform" but no CEO is in place yet. Meanwhile, Ally is out of MSRs totally.
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White House Pick of Rep. Watt for FHFA Job Won’t Affect GSE Net Worth Debate

May 1, 2013
Paul Muolo
If Rep. Mel Watt gets the FHFA job will he tinker with GSE net worth minimums?
Read More
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