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Home » Authors » Paul Muolo

Articles by Paul Muolo

Sources: Non-QM Lender Sprout Trims Staff

April 7, 2022
Paul Muolo
At press time, Long Island-based company, started by Alt A veteran Michael Strauss, could not be reached for comment.
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Short Takes: An Overreaction? / Fair Warning From the Fed on MBS Sales / Do the Math / Tim Howard’s Take / A New Low for the Last Mortgage SPAC

April 7, 2022
Paul Muolo and Brandon Ivey
Fact: If you sell a 2.5% Fannie Mae/Freddie Mac coupon into a 3.5% UMBS market, you will lose money. A lot of it.
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In the MSR Market, It’s the ‘Best of Times.’ Now Repeat

April 7, 2022
Paul Muolo
Another blockbuster year for servicing sales? If the first quarter is any indication, the answer is yes. The key determinant: interest rates.
Read More

In Queue: Mortgage Retirements. Replacements?

April 7, 2022
Paul Muolo
When the going gets tough in mortgages, the tough retire. Then again, they can afford to, having made so much money the past two years. But who might replace all those graying CEOs?
Read More

Plenty of Mortgage Layoff Talk but Few Hard Numbers

April 7, 2022
Paul Muolo
Mortgage bankers far and wide are trimming employees as interest rates continue to rise and refinance wane. But industry employment figures look benign. How can that be?
Read More

The Mother of All Interest Rate Rises?

April 6, 2022
Paul Muolo
Steve Harris, president of MIAC Analytics: Large scale MBS selling by the central bank will “make mortgages perform even worse"...
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Short Takes: A Pay Raise at Ocwen / Rising Revenue / But 52-Week Lows / Cuts at Movement? / Purchase-Heavy

April 6, 2022
Paul Muolo
It seems the layoff rumor mill is in high gear these days...
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GR Ponders Conduit to Take Advantage of LLPA Changes

April 5, 2022
Paul Muolo
For years, GR has been an active originator of mortgages on second homes and has developed strong ties to real estate agents in resort areas.
Read More

Less Compensation in the Altisource C-Suite

April 5, 2022
Paul Muolo
Altisource, however, managed to turn a profit for the year by selling its artificial intelligence affiliate...
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Short Takes: Wells Continues to Lose Mortgage Talent / Bidding on LOs / Fannie Approvals Granted / Crazy RE Numbers

April 5, 2022
Paul Muolo and Monica Hogan
A 20% jump in home prices? That's what CoreLogic found...
Read More
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