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Home » Authors » Paul Muolo

Articles by Paul Muolo

Short Takes: A Year Ago / Hyperbole at Western Alliance / Behind the Scenes Players / loanDepot and BofA / Hamilton's New Production Chief

February 9, 2022
Brandon Ivey and Paul Muolo
Behind the scenes players in the non-QM market: commercial banks...
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New Residential Registers An Improvement in GOS. However…

February 8, 2022
Paul Muolo
NRIC ended the year with an MSR portfolio sized at $483.0 billion, up 1.5% quarter over quarter.
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Short Takes: For Sale: Radian? / Hard to Sell An MI / Trims at New Residential / Approaching the 2% Mark / The Boston Board

February 8, 2022
Paul Muolo
It's not easy selling a mortgage insurer. Just ask Genworth...
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Mortgage Employment Rises? In December, At Least

February 7, 2022
Paul Muolo
Mortgage brokers trimmed 500 positions from their payrolls during December.
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Conservative Marks on MSRs Rule the Day...

February 7, 2022
Paul Muolo
One servicing broker said his clients averaged markups of just 3 bps...
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Short Takes: Another Departure from Better / SPAC Still On / The Plot Line / Two Mortgage SPACs / Boston’s Reverse (Proprietary) MBS

February 7, 2022
Paul Muolo and Brandon Ivey
Boston Lending recently issued a non-agency MBS backed by proprietary reverse mortgages...
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During a Tough Week, loanDepot Shores Up Its Credit Lines

February 4, 2022
Paul Muolo
During the firm’s earnings call, founder and CEO Anthony Hsieh assured analysts the nonbank has plenty of liquidity and will gain market share in the year ahead.
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Not a Good Month for Originations: January. Now What?

February 4, 2022
Paul Muolo
The general consensus among executives and loan officers over the past two weeks is that layoffs likely are on the way — it’s just a matter of when.
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Short Takes: Approaching 2% / An Earnings Decline for PennyMac / MSR Adjustments / Waiting on Rocket and UWM / Better.com Executive Departs

February 4, 2022
Paul Muolo
EVP Sarah Pierce has parted ways with mortgage fintech Better.com...
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Whole-Loan Prices for Non-QMs Slip, Putting Pressure on Rates

February 3, 2022
Paul Muolo
Is it time for non-QM originators to hike the interest rates they charge borrowers? It might be a good idea, that is, if they want to maintain profitability.
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