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Home » Authors » Paul Muolo

Articles by Paul Muolo

An Earnings Decline for Warehouse Lender Texas Capital

July 21, 2022
Paul Muolo
Texas Capital's goal is to become more of a full service bank...
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Megabanks Report 2Q Mortgage Results. When Flat Can be Good...

July 21, 2022
Paul Muolo
Of the early reporting megabanks, there’ve been a few encouraging signs that all is not lost...
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Megabanks Report 2Q22 Mortgage Results. The Verdict?

July 21, 2022
Paul Muolo
Commercial banks, so far, have turned in underwhelming mortgage results for the second quarter, but that was to be expected. The real show starts in a few weeks when publicly traded nonbanks release earnings.
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Better.com’s IPO/SPAC Faces Steep Odds

July 21, 2022
Paul Muolo and Brandon Ivey
The mortgage IPO market is in tatters these days, given higher interest rates and rapidly shrinking profits and originations. So why does fintech Better.com think it can pull off a deal?
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FHFA Will Explore the FHLB’s Future. Good News for Nonbanks?

July 20, 2022
Paul Muolo
Timing? In a recent paper, former Fed governor Daniel Tarullo called the FHLB system "largely irrelevant."
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A Counterintuitive Move: Enter Non-QM Market

July 20, 2022
Paul Muolo
Licensed in 50 states, Celebrity is employee owned.
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Short Takes: Lack of Housing Finance Oversight Hearings? / Impeding? / Mortgage Applications Fall / Existing Home Sales Fall / The Number-One MSR Buyer Is…

July 20, 2022
Paul Muolo
Hungry for bulk MSRs: Jamie Dimon's JPMorgan Chase...
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As Production Skids, Underwriter Costs ‘Correct’

July 19, 2022
Paul Muolo
Loan underwriter salaries have dropped significantly from their refi peaks...
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Mostly Flat Originations for Truist

July 19, 2022
Paul Muolo
Truist is the nation’s 15th largest residential originator overall...
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How Bad Might the Mortgage Layoff Picture Get?

July 18, 2022
Paul Muolo

In less than a year, Better has reduced its headcount by 72%...


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