There are many issues that could cause the hot exhaust/muffler some already stated others could be; too rich of a fuel mixture(yes rich, excess fuel burning in the exhaust especially if muffler is close to engine can cause an extremely hot muffler), to restrictive of tail pipes after the muffler, a small leak at the inlet side of the muffler(usually will be worse for heat in exhaust in a rich fuel mixture condition) are also some others to be considered.
The collective HAMB Tuning and Diagnostic Genius' have spoken, far be it for you and I to question why