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Home » Authors » Paul Muolo

Articles by Paul Muolo

Grapevine: Battle of the Mortgage Titans / Better

August 11, 2022
Paul Muolo
UWM outearned Rocket in the second quarter, but mortgage banking is a nine-inning game. Meanwhile, not only is Better.com struggling, so is its chief benefactor, SoftBank.
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LoanDepot Discloses Warehouse Waivers, Raises the Specter of Reorganization

August 11, 2022
Paul Muolo
The company, ranked seventh by Inside Mortgage Finance, is not alone when it comes to warehouse waivers being granted.
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Short Takes: Passing the (Stress) Test With Flying Colors / Why? / A Loss for Home Point / MSR Values / LD’s LO Count / Hiring: Fairway

August 11, 2022
Dennis Hollier and Paul Muolo
In the April-June period, Willie Newman’s shop sold some of its mortgage servicing rights, grossing $257.3 million on the transactions…
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A Brutal Quarter for loanDepot: A Large Loss, Layoffs, Wholesale Shuttered

August 10, 2022
Paul Muolo
The California-based lender/servicer went public at $14.00 a share in February 2021...
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Short Takes: Better Troubles? / The SoftBank Question / A $750 Million Loan / Dumping SoFi Shares / #34 and Slipping

August 10, 2022
Paul Muolo
A large loan to Better.com from SoftBank is something to keep an eye on...
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Fitch: 89% of Homes Are Overvalued, Cautions About the West

August 9, 2022
Paul Muolo
In particular, Fitch sees the housing picture worsening in the west during the second half of 2022.
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Short Takes: A GOS of Just 30 BPs? / The Hurt to Come / UWM Declares a Dividend / Impac? / AO Hires HomePoint Manager

August 9, 2022
Paul Muolo
UWM declares a dividend, payable in October...
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Cenlar Chief Tornquist Retires, Former GSE Executives Fill the Void

August 8, 2022
Paul Muolo
The press-shy, privately held vendor made headlines last fall when it was sanctioned by the OCC...
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GSE MSRs Up for Grabs

August 8, 2022
Paul Muolo
The market for MSRs continues to simmer. A busy fall ahead?
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Short Takes: Trying Something New / M&A Strategies / Maybe an ESOP Deal? / Slow Prepayment Speeds Remain / Mortgage Fraud in the Big Easy

August 8, 2022
Paul Muolo and Monica Hogan
Another possibility? Selling your company to the employees...
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