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Home » Authors » Paul Muolo

Articles by Paul Muolo

More Mortgage Job Losses, but Not Quite an Avalanche

May 20, 2022
Paul Muolo
It’s no secret that mortgage bankers and brokers are cutting workers as lending ebbs in a much higher rate environment. But with the exception of Better.com, the layoffs have not been huge. Yet.
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A Case of Acquisition Fatigue Setting In on MSRs?

May 20, 2022
Paul Muolo
MSR buyers have a bounty of bulk servicing portfolios to choose from these days. But maybe that's not necessarily a good thing...
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Short Takes: More Staff Cuts at Better? / Fairway? / A SPAC Hurdle / Not Talking / The Table is Turning for Home Sellers / CSBS Gets a New Chair

May 20, 2022
Paul Muolo and Monica Hogan
The Better.com SPAC/IPO maneuver? Apparently, it's still on...
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Prices Improve for Non-QMs but Lenders Not Out of the Woods

May 19, 2022
Paul Muolo
Non-QM originators are seeing better bid prices for their wares but is it enough to turn a decent profit? Or is “breakeven” the order of the day?
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New loanDepot Chief Spends Six Figures on Company Stock

May 19, 2022
Paul Muolo
The shares reside in a family trust that carries the Martell name.
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A New MSR Offering From Prestwick. MIAC Busy as Well

May 19, 2022
Paul Muolo
The Prestwick Group is brokering a $618 million portfolio of Fannie Mae/Freddie Mac product.
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Short Takes: The Swearing In / An FHA Premium Cut and the PMIs / Trump’s Reversal / A Poor Reading on Inventory / A New CRO for Cherry Creek

May 19, 2022
Paul Muolo and Monica Hogan
Unveiled on January 9, 2017, the last FHA premium trim was for 25 basis points...
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Acquisition Fatigue Setting In on MSR Buys?

May 19, 2022
Paul Muolo
Sale of bulk MSR packages have been white-hot the past 18 months, but a pause could be in the works, some investment bankers suggest. Still, any kind of lull may not last for long.
Read More

Grapevine: loanDepot, Takeover Bait? / Calabria Drops a Bombshell

May 19, 2022
Paul Muolo and Dennis Hollier
With some mortgage companies trading below their liquidation value, is now the time to stage a takeover? It depends. Meanwhile, former FHFA Director Mark Calabria this week broke his silence on what may lie ahead for Fannie Mae and Freddie Mac.
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Short Takes: FHA Premium Cut? / Yeas and Nays / Sale Mania? / MidAmerica Mortgage Selling Retail Assets / RIP: John Ryan

May 18, 2022
Paul Muolo and Monica Hogan
The debate over FHA premium cuts continues...
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