MBS Trading Increased in October But So Did Rates November 18, 2021 Paul Muolo October was a strong month for the trading of mortgage securities as investors weighed the prospect of rising interest rates and inflation data.Read More
UWM’s Share Price Declines as Stock Sales are Announced November 18, 2021 Paul Muolo UWM became a public company at roughly $11.00 a share via a special purpose acquisition company maneuver earlier this year.Read More
Short Takes: Servicing Deals Aplenty / Doing the Research / A Tough Market for an IPO / Hiring: loanDepot / Preventing Appraisal Bias November 18, 2021 Paul Muolo and Monica Hogan loanDepot is staffing up on the servicing side of the aisle...Read More
A New Warehouse Record and a Handful of Newbies November 18, 2021 Paul Muolo Is the great warehouse lending party just about over? It’s starting to feel that way to some managers. Ominous sign: new entrants. (Includes data chart.)Read More
More Snafus for Better’s SPAC/IPO November 18, 2021 Paul Muolo Vishal Garg’s mortgage fintech Better originally thought it would be a public company by yearend. But now? Stay tuned.Read More
Grapevine: A Debt Sale and Buybacks for UWM / Wells Looking for a New TPO Chief November 18, 2021 Paul Muolo When in doubt, issue debt and repurchase equities. At least that’s what one top-ranked lender is doing. Meanwhile, Wells will soon need a TPO chief.Read More
Wells Fargo Looking for a New Correspondent Chief November 17, 2021 Paul Muolo At midyear, Wells had $34.5 billion of correspondent acquisitions, ranking third in the channel...Read More
Commercial REIT Stays Busy with Multiple Deals November 17, 2021 Paul Muolo An analysis of the Mosaic transaction by research firm BTIG views the acquisition positively...Read More
Another Trip to the Debt Well for Wholesale Giant UWM November 16, 2021 Paul Muolo More companies are making a trip to the debt window while it's still open...Read More
Bulk MSR Deals from IMA and Phoenix November 16, 2021 Paul Muolo With yearend approaching, more MSR auctions are expected...Read More