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Home » Authors » Paul Muolo

Articles by Paul Muolo

Something for REITs to Ponder: Stock Buybacks

February 3, 2022
Paul Muolo
Mortgage-investing REITs are treading water these days, trying to figure out their futures. A good time for stock repurchases, perhaps?
Read More

As Margins Tighten, Santander Quits the U.S. Mortgage Market

February 3, 2022
Paul Muolo
For now, the bank will continue to service its residential loans and HELOCs...
Read More

Short Takes: An Impressive Month for MSR Sales / A Banner Year as Well / Freedom Hungry / Of Mansions and Stock Prices / LowDepot?

February 3, 2022
Paul Muolo
A new share price low for loanDepot: $3.54...
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Conservative Marks on MSRs Rule the Day. However…

February 3, 2022
Paul Muolo
If rates keep rising, owners of MSRs can mark up the value of this esoteric asset when reporting first-quarter results. As for the fourth quarter of 2021, conservatism was the watchword.
Read More

A New Set of Expectations for a New Year

February 3, 2022
Paul Muolo
In the market share wars, one company’s difficulty is another shop’s opportunity. As the second month of a new year begins, stakeholders survey the origination landscape.
Read More

Grapevine: Approval Molasses / Trying New Things

February 3, 2022
Paul Muolo
Bank M&A deals are lingering. Blame the regulators or is it something else? Meanwhile, LOs are trying new products, including reverse mortgages.
Read More

loanDepot CEO Discloses Stock Purchases in Call With Analysts

February 2, 2022
Paul Muolo
loanDepot went public roughly a year ago. Its stock once traded as high as $39 a unit...
Read More

As ‘Fence Sitters’ React, A Nice Comeback for New Loan Applications

February 2, 2022
Paul Muolo
Application whiplash? But in a good way...
Read More

Short Takes: Keeping It Private / An Offering from MIAC / Enterprise-Level Debt for the GSEs? / What to Expect / VA Penalties

February 2, 2022
Paul Muolo
The key to mortgage earnings season rests in CEO guidance regarding what lies ahead for the rest of the year...
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An Earnings Plunge for loanDepot. Servicing Writedowns Too

February 1, 2022
Paul Muolo
In a bit of a surprise, loanDepot also recorded negative changes to the fair market value of its mortgage servicing portfolio totaling $118.7 million.
Read More
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