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Home » Authors » Paul Muolo

Articles by Paul Muolo

A Sign of the Times: Executive Pay Adjusted Downward at Guild

March 29, 2022
Paul Muolo
In 2021, the San Diego-based lender/servicer earned $283.8 million, off 23.5% from the year prior.
Read More

Short Takes: The Industry’s Retirement Wave? / MIAC Offers MSRs / SFR Giant Sells Debt / HUD’s Personnel Woes / A New CFO for Vegas NB

March 29, 2022
Paul Muolo and Monica Hogan
HUD said it lost 20% of its workforce between 2012 and 2019 and fears the brain drain will threaten the agency’s cybersecurity capabilities.
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Short Takes: The ‘Buy-Down’ Dilemma / More MSR Sales on the Way / Structured Finance Transactions? / The HUD Budget and FHA Premiums / Layoffs at PennyMac

March 28, 2022
Paul Muolo
More MSR sales are on the way, a lot more...
Read More

As Secondary Market Volume Drags, Maxex Trims Staff

March 25, 2022
Paul Muolo
CEO Tom Pearce noted the cutbacks were a difficult choice...
Read More

Phoenix Capital, Prestwick Announce Bulk MSR Auctions

March 25, 2022
Paul Muolo
With rates climbing, MSR sellers are at a distinct advantage, one that could last for some time...
Read More

Short Takes: Topic A: The Rate Rise / A Recession in 2023? / Refi Candidates? / Taking Advantage of Non-QM Lenders / Mr. Cooper’s Top Lawyer Departs

March 25, 2022
Paul Muolo
New figures from Freddie Mac suggest the “high-quality” refinance candidate population now totals just 2 million applicants.
Read More

Strong Demand for Servicing Rights as Interest Rates Rise

March 25, 2022
Paul Muolo
Are mortgage servicing rights still a safe bet to buy? Looks that way, especially if mortgage rates keep heading north.
Read More

As Secondary Market Volume Drags, Maxex Reduces Staff

March 24, 2022
Paul Muolo
When originations fall, loan trading platforms suffer as well. Maxex, one of the more high-profile traders, recently instituted cuts.
Read More

Nonbank Ponders Conduit to Take Advantage of LLPA Changes

March 24, 2022
Paul Muolo
Come April, LLPAs on Fannie/Freddie second-home mortgages and high-balance loans move higher. Good time for a nonbank to start a conduit?
Read More

A Trying Time for Originators as Rates Continue to Rise

March 24, 2022
Paul Muolo
The California-based American Pacific Mortgage is looking for origination platforms east of the Mississippi, but not necessarily near the coasts...
Read More
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