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Home » Authors » Paul Muolo

Articles by Paul Muolo

A Price War at a Difficult Time for Lenders

November 23, 2022
Paul Muolo
UWM is offering a one-year price break of up to 300 basis points for mortgage borrowers. A price war? That’s how some in the industry view it. Note: Price wars have been known to end badly. 
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Time is Running Out for Better.com, Aurora

November 23, 2022
Paul Muolo
Blank-check company Aurora Acquisition Corp. issued a new 10-K mid-month, saying little about its merger partner Better.com. 
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Time for UWM to Move Servicing Inhouse? Not Really

November 23, 2022
Paul Muolo
loanDepot moved its servicing inhouse. UWM is sticking with its two subservicing vendors...
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Additional Bulk Servicing Auctions Hit the Circuit

November 23, 2022
Paul Muolo
It may be Thanksgiving week, but Phoenix and Prestwick are out with new MSR offerings...
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Short Takes: This Time, It’s Different / A Shorter Correction Timeline? / Foreclosures Rising / Hurricane Ian / Cardinal Hires loanDepot Vet / A Few Days Off…

November 23, 2022
Paul Muolo and Sam Manas
The hope is that the origination correction will be shorter than past ones...
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Trouble in Fix-and-Flip? Some Ominous Findings from Redfin

November 22, 2022
Paul Muolo
Investor purchases slumped 26.1% on a sequential basis.
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FHA Now Accepting Private Flood Insurance Policies. Meaning?

November 22, 2022
Paul Muolo
The big question: Will private sector flood premiums be able to compete with the NFIP?
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A Study Low: Mortgage Bankers Lost $624 Per Loan in 3Q22

November 21, 2022
Paul Muolo
“With prepayments and delinquencies low, mortgage servicing has been the difference for many companies between profitable or not,” said Marina Walsh...
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Maybe It’s Time to Buy Retail (Branches)?

November 21, 2022
Paul Muolo
The key question: What are retail branches actually worth in today's market?
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A Steeper Production Loss in 3Q22: $624 Per Unit

November 21, 2022
Paul Muolo
Mortgage professionals hope the third quarter was the nadir...
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