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PaulMuolo

  1. Thanks to mortgage servicers hiring all those 'loan mod' service 'professionals' the US jobless rate fell to 10% in Nov. Now, if only... about 8 hours ago from web
  2. Lend America Haiku: Lend America, What happened to you, oh lender? Even Rudy No Help 12:18 PM Dec 2nd from web
  3. When we asked HUD secy SD recently if FHA would raise premiums he said 'maybe.' Now HUD is saying yes. Story was first reported by NMN. 12:14 PM Dec 2nd from web
  4. Looks like Lend America has lawyered up big time. See the NMN website Tuesday at 5 p.m. or so: http://www.nationalmortgagenews.com/ 1:34 PM Dec 1st from web
  5. The industry is now jockeying for position on the 10% risk retention rule (MBS),,,this time in the Senate. See NMN upcoming. 12:48 PM Nov 23rd from web
  6. Gold at almost $1200 an ounce today. Another asset bubble? If so, who gets hurt? 11:48 AM Nov 23rd from web
  7. From Barclays: A bill in the House was recently been amended to include potentially significant language governing repo and secured funding. 10:27 AM Nov 19th from web
  8. I have to run out and get Sarah Palin's new book -- so I can burn it! 9:34 AM Nov 19th from web
  9. More firms are looking into expanding their correspondent networks in 2010. But can they challenge BoA and Wells? 8:24 AM Nov 17th from web
  10. I will be on the radio later this week talking about the market. More info to follow. 8:50 AM Nov 16th from web
  11. Prices of higher rated subprime ABS are getting a bit too pricey, or so I'm told by a few vulture like executives who play in the market. 8:11 AM Nov 16th from web
  12. S&P has downgraded Barbados' (the nation) fiscal condition to negative from stable. May be a good time to buy land there? 7:44 AM Nov 16th from web
  13. Citi and Wells are selling small pools of nonperforming residential loans. However, they aren't giving out any details on the deals. Why? 7:26 AM Nov 16th from web
  14. Lend America is indeed going into wholesale. See the NMN site soon for an update: http://www.nationalmortgagenews.com/ 10:49 AM Nov 10th from web
  15. Lone Star, the PE firm, wants to invest $20B into distressed mortgages, so says the WSJ. LS has been kicking around this industry for years. 10:48 AM Nov 10th from web
  16. Some interesting commentary in Freddie's SEC filing on its exposure to Capmark, MI, and other matters. See the NMN website later today. 8:44 AM Nov 9th from web
  17. Goldman, Morg and JPM will pay $29.7 billion in bonuses early next yr. Can you spell 'Popular Uprising'? Protests and blood down on Wall St. 8:04 AM Nov 9th from web
  18. Just 9,700 shares of PennyMac have traded hands since the market opened. Earnings after the bell... 7:48 AM Nov 5th from web
  19. Today's the big day for PennyMac. It releases its first earnings report as public company. See the NMN website later today for the story. 7:04 AM Nov 5th from web
  20. For his book CNBC's Gasparino seems to have copied my idea that Wall St. is to blame. Don't bother reading his. Get 'Chain of Blame' instead 1:48 PM Nov 4th from web
  • Name Paul Muolo
  • Location Eastern seaboard
  • Web http://nationalmo...
  • Bio professional journalist (whatever that means any more)
3 Following 53 Followers 0 Listed