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Home » Authors » Paul Muolo

Articles by Paul Muolo

The Big Decision: How Large of a Markup for MSRs?

October 21, 2021
Paul Muolo
Commercial banks cranked up the value of their servicing portfolios in the third quarter, but not dramatically. Soon, we’ll find out how the nonbanks viewed the same asset.
Read More

An Earnings Drop for Warehouse Bank TCB

October 21, 2021
Paul Muolo
TCB has jettisoned key mortgage assets this year but remains a solid player in warehouse finance...
Read More

Short Takes: Sen. Toomey Wants a Halt to GSE Purchases of Investor Loans / Critical of FHFA and Treasury / $200 Million to Spend on MSRs / Marlin Buying Flow

October 21, 2021
Dennis Hollier and Paul Muolo
Should Fannie and Freddie be in the business of buying mortgages backed by investment properties? One GOP senator from the Keystone state thinks not...
Read More

Non-QM Originator Newfi Agrees to a Sale. Others?

October 21, 2021
Paul Muolo
Originators of non-qualified mortgages are pondering sale offers from yield-hungry investors. Who’s in the driver’s seat? Right now, the originators are.
Read More

Grapevine: Waiting on an LLPA Trim / No Masks / Mike Who?

October 21, 2021
Paul Muolo
Rocket Mortgage seeks to up its game in broker lending. Meanwhile, all quiet on the Mike Calhoun/FHFA front.
Read More

Rocket Moves to Up Its Game in the Broker Channel. Greater Access to RE Agents?

October 20, 2021
Paul Muolo
The move comes as the origination market shifts from refis to purchase-money lending.
Read More

Short Takes: New Business Swoons / An End to Home Price Bidding Wars? / The Top (Purchase) Dogs / Freddie Sells More NPLs / The CRT Effect

October 20, 2021
Paul Muolo and Dennis Hollier
Is the refi boom finally over? (Have we asked that question before?)
Read More

New GSE MSR Auctions From Prestwick, MIAC

October 19, 2021
Paul Muolo
As yearend approaches, more bulks deals are expected...
Read More

Short Takes: GSE LLPA Changes? Not Yet / Baseball and Zero-Down Mortgages / A loanDepot Sponsorship / MBA’s RESBOG / One More Debt Deal

October 19, 2021
Paul Muolo
There's still a market in mortgage company debt. But for how long?
Read More

Another Non-QM Lender Changing Hands: Newfi

October 18, 2021
Paul Muolo
Steve Abreu, who founded Newfi and serves as its CEO, will stay on with the mortgage firm after the sale closes.
Read More
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