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Home » Authors » Paul Muolo

Articles by Paul Muolo

Ocwen Will Pay a ‘Modest’ Premium for Texas Capital’s MSRs

April 22, 2021
Paul Muolo

For Ocwen, the acquisitions represent a chance to grow its lending business and bolster its MSR portfolio.


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Short Takes: In Demand: MSR Portfolios / Better Marks / The Benefits of Bank Ownership / FHFA Hires FDIC Vet Steckel / Correction on Ginnie Transfers

April 21, 2021
Paul Muolo, John Bancroft, and Dennis Hollier

It's a good time to sell mortgage servicing rights...


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Happy Days are Here Again: Rates Fall, Applications Rise

April 21, 2021
Paul Muolo

The tide has turned on new loan applications, at least for now...


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Short Takes: A Three-Way Deal Gone Astray? / Book Value Noticed / Is ‘Acceptable’ Acceptable? / Legislation to Bolster the Appraisal Industry / A New Mortgage Chief for Fifth Third

April 20, 2021
Paul Muolo

The average age of a real estate appraiser: 58. And that's a problem...


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Mortgage Back-Office Workers Cease Huge Salary Demands?

April 20, 2021
Paul Muolo

One headhunter, requesting anonymity, said experienced underwriters are no longer commanding salaries approaching $120,000 per year, though some aren't afraid to ask...


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It’s Official: Genworth MI Files an S-1. Parent Will Get All of the Proceeds

April 20, 2021
Paul Muolo

Genworth Mortgage: "Following this offering, we will be a 'controlled company' within the meaning of the NASDAQ rules as our parent will continue to own, through GHI, more than a majority of the total voting power of our common stock."


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Short Takes: Banks Take a Big Gulp from the Debt Well / M&A Coming? / REIT Buys Into Blockchain / Home Point Announces Earnings Date

April 19, 2021
Paul Muolo and Brandon Ivey

Commercial banks don't want to miss out on a golden opportunity to borrow money cheaply...


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Fannie/Freddie Flow MSRs Up for Grabs

April 19, 2021
Paul Muolo

More flow auctions are hitting the market...


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Grapevine: Apps Drop, Time to Worry? / Still Hiring…

April 16, 2021
Paul Muolo
Rates are rising and that means fewer applications. Yet, mortgage bankers and brokers are still hiring.
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Short Takes: Sideways at USB / Higher MSR Values / Ginnie Servicing Transfers: Zero / Redwood Gives a 1Q21 Preview

April 16, 2021
Paul Muolo

Mortgage REIT Redwood Trust on Friday provided a glimpse of what its first quarter results might look like. The company disclosed a lock-volume of $4.6 billion with 110 “discrete” sellers...


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