Paul Muolo

The Treasury Department announced Sunday that it is getting ready to sell $18 billion of the stock it purchased in American International Group, a move that will result in the government owning less than 20% of the insurance conglomerate.

Nationally, 18% of residential borrowers who are current on their loan payments are underwater, ranging from a low of 0.4% in Wyoming to 55% in Nevada.

Hedge funds continue to sniff around the mortgage banking sector -- but where are the deals?

Want to sell your mortgage company? What will your tax rate be next year?

The gain-on-sale mortgage juggernaut of the past few quarters will continue for banks, according to Credit Suisse.

Fannie Mae is getting closer to picking a technology vendor that could takeover large swaths of its processing chores.

Mitt Romney may not have a firm grasp on the true causes of the mortgage crisis. But luckily there's still time.

Two nonbanks had the fastest servicing growth rates in the second quarter: Nationstar at 194%, and Provident Funding with 35%.

Consumers who attempt to pull off a ‘strategic default’ may have to deal with the Feds.

In today’s mortgage market, job security is quite important. Many loan officers I talk to are having a great year, even better than last year which was decent.

A non-partisan group says the Federal government’s efforts to prosecute subprime wrongdoers – particularly on Wall Street – has fallen short and is asking for new, tougher laws on white collar crime.

Since the housing bust began in earnest in 2008, mortgage related stocks, for the most part, have hemorrhaged in price, according to an analysis conducted by National Mortgage News.

Arbor Commercial Mortgage named Trevor Leslie Smith as director of lending in its Boston office.

M&A advisors tell us that the GNMA Eagle is a must for selling your firm.

The Mortgage Bankers Association posted net revenue of $2.7 million for its latest fiscal year but continues to struggle under the weight of its office building investment.

In just a few days the Labor Department will release its monthly employment report. Here’s a prediction: the mortgage brokerage sector will show an increase in jobs.

Guaranteed Rate said it has struck a strategic alliance with Manhattan Mortgage Co., one of the largest residential loan brokerage firms in the New York area.

Let it be said as Labor Day approaches: Without Uncle Sam there would be NO mortgage market. None. Zippo

Springleaf Financial said it has “adequate liquidity” to survive over the next 12 months, and is seeing smaller losses on its business.

Outstanding mortgage debt in the U.S.—mortgage servicing rights—has been falling steadily in the wake of the nation’s housing crisis. But the decline has now officially ended.