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Home » Authors » Paul Muolo

Articles by Paul Muolo

Short Takes: Mortgage Stocks Rising (For Now) / Looking for Work? / A New Investor Property MBS From Wells / A Reminder From GNMA / REIT CEO Departs

May 17, 2022
Paul Muolo
A respite for mortgage equities? For how long?
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MBA Chief: Recent LLPA Changes ‘Doing More Harm Than Good’

May 16, 2022
Paul Muolo and Dennis Hollier
Broeksmit said MBA “strongly favors a robust private market"...
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Mega REITs Continue to Shed Agency MBS

May 16, 2022
Paul Muolo
AGNC owned $47.2 billion of MBS, down 9.6% from yearend and off a bloodcurdling 25.4% from the same period a year ago.
Read More

Sources: USAA Inks Large MSR Deal With Mr. Cooper. Details?

May 13, 2022
Paul Muolo
Those MSR acquisitions, by the way, have been prescient for Mr. Cooper...
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Short Takes: Red Ink for Blend but New Customers Too / The Bad News? / Where Did They Land? / $91 Million Worth of Mansions / NAHB Chief Sets Departure Date

May 13, 2022
Paul Muolo
Jerry Howard will depart as CEO of NAHB when his contract expires in February 2024, exiting a role he has held for more than two decades...
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Mega REITs Continue to Shed Agency MBS

May 12, 2022
Paul Muolo
The nation’s two largest “mREITs,” Annaly and AGNC, continued to shrink their securities holdings in the first quarter, but with the Fed moving to the sidelines, that trend could be ending.
Read More

Spring MBS Trading Hardly Robust. A Turnaround Coming?

May 12, 2022
Paul Muolo
With rates rising for much of the year, MBS trading has been weak but not exceedingly so. But thanks to recent carnage in the stock market, bonds may be “in” again.
Read More

Lower Earnings at Home Point as MSR Sales Buffer the Pain

May 12, 2022
Paul Muolo
Home Point's gain-on-sale margin came in at 61 basis points, a slight improvement over the October-December period...
Read More

Nonbanks Book Historic Gains on Their MSR Assets

May 12, 2022
Paul Muolo
The MSR "cookie jar" has been tapped...
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Short Takes: Believing in Bonds Again? / Refi Opportunities in 2023? / MSR Gold / The M&A Expectations Gap / Costco No / Ishbia to Analysts: Trust Me

May 12, 2022
Paul Muolo, Andras Malatinszky, and Brandon Ivey
Why isn’t there more merger and acquisition activity out there among mortgage companies? Maybe soon though...
Read More
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