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Home » Authors » Paul Muolo

Articles by Paul Muolo

Crypto Bank Silvergate Finally Admits Its Exit from Warehouse Finance

January 5, 2023
Paul Muolo
Silvergate’s warehouse business was led by Elaine Batlis, who had been with the company since 2009...
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How UWM’s Ishbia Parlayed His Stake Into the Suns

January 5, 2023
Paul Muolo
UWM chief Mat Ishbia is about to become the owner of an NBA team. Does he have enough money to make the grade? It certainly looks that way.
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Lenders Strategize to Get Through a Tough 1H23

January 5, 2023
Paul Muolo
A new year has commenced, with originators of all sizes trying to figure out the best way to stay afloat until rates fall markedly and conditions improve. The biggest challenge, perhaps: cash burn.
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Grapevine: The Market for Reverse MSRs? / Understanding Nonbanks  

January 5, 2023
Paul Muolo
Prices have come back down to earth for mortgage servicing rights, especially for Ginnie product. But what about reverse FHA-backed MSRs? Sometime this quarter GNMA will find out as it moves to resolve its legal rights regarding RMF.
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Lenders Strategize to Get Through a Tough First Half

January 5, 2023
Paul Muolo
Industry veteran Paul Rozo said his company, PRMG, is playing "the long game"...
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Short Takes: loanDepot Tweaks Its Borrowing Facilities / SOFR In, LIBOR Out / Stock Vesting (and Holding) / Another ‘Raiding’ Lawsuit

January 5, 2023
Paul Muolo and Dennis Hollier
Mortgage insiders have been selling shares in their companies for well over a year now...
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Guild EVP Horn Steps Down but Will Assist on M&A

January 4, 2023
Paul Muolo
Horn joined Guild in 2008 when the nonbank acquired his company, Liberty Financial Group...
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Short Takes: It’s All About the Burn / Company Valuations? / FoA’s Debt Nears Ugly / Crypto Warning / Silvergate Update

January 4, 2023
Paul Muolo
Former warehouse provider Silvergate Capital has seen its share price bounce recently...
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Some Mortgage CEO/Owners May Forgo Pay This Year

January 3, 2023
Paul Muolo
The general belief is that the ugliness brought on by sharply increasing interest rates still has a ways to go.
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A Bulk Auction of Fannie/Freddie Product

January 3, 2023
Paul Muolo
The average size of the New York/New Jersey loans is $493,729...
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