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Home » Authors » Paul Muolo

Articles by Paul Muolo

Mortgage M&A: Asset Sales, Not ‘Franchise’ Deals?

September 22, 2022
Paul Muolo
There have been plenty of “asset” sales by mortgage firms this year —  MSRs, for instance — but not “whole” company transactions. Is the bell about to ring?
Read More

Grapevine: The Trump Case / Maintaining Profitability?

September 22, 2022
Paul Muolo
The NY AG sued the Trump Organization this week for, among other things, inflating the value of its real estate holdings. Meanwhile, Rocket hopes to stay in the black.
Read More

How Many Home Lenders are Losing Money? A Lot

September 22, 2022
Paul Muolo
Some shops, public and private alike, are living off the largess of the past two years.
Read More

Short Takes: Of Stocks and Bonds / 75 BPs and More to Come / The Central Bank Will Hold MBS for Now / MSR Marks? / Trump Organization Accused of Inflating RE Values

September 22, 2022
Paul Muolo
Higher rates mean MSR owners could take another trip to the "mark up" well in 3Q22...
Read More

When in Doubt, Nonbanks Trim or Kill Their Repo Lines

September 21, 2022
Paul Muolo
The cancellation list reads like a who’s who of mortgage banking...
Read More

Short Takes: A Reminder to GSE Sellers / Definitions / 2022 Originations? / The Tally at June 30 / 4.5% Mortgages Next Year? / Correction on Lenderworks Item

September 21, 2022
Paul Muolo
Fannie's economists expect home lending to fall to $2.17 trillion next year...
Read More

In a Tough Market, Fifth Third Moves Ahead With Warehouse Initiative

September 20, 2022
Paul Muolo
The new warehouse effort comes at a difficult time for nonbank borrowers...
Read More

Short Takes: Maintaining Profitability (Rocket) / Hug a Builder Today? / S&D Trading at RAMS / A Change Coming to VA Appraisals?

September 20, 2022
Paul Muolo and Monica Hogan
Is housing in trouble? Maybe, maybe not. Housing starts increased 12.2% to a seasonally adjusted annual rate of 1.575 million units in August...
Read More

MSR Values Drift Down From Their Highs. The Ginnie Factor?

September 19, 2022
Paul Muolo
MIAC's Mike Carnes: MSRs remain an attractive asset to own, generating a nice return...
Read More

Credit Suisse Unit Agrees to Purchase Assets of Subservicer Rushmore

September 19, 2022
Paul Muolo
At midyear, Rushmore was performing subservicing chores on roughly $45.0 billion of residential loans...
Read More
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