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Home » Authors » Paul Muolo

Articles by Paul Muolo

Ocwen’s Overseas Headcount Declines Year-Over-Year

February 22, 2021
Paul Muolo

Ocwen: “Of our foreign-based employees, more than 70% were engaged in our servicing operations"...


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Short Takes: Believing in the Rocket / Crikey / Lower Profits and NIW for Essent / NAR Study on Minorities, Student Loan Debt and Mortgages / A New Hire for Mortgage Network

February 19, 2021
Paul Muolo

Back in August, Rocket went public at $18.00 a unit and shot up as high as $34.42...


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IPO-Bound Lender Selling ‘Flow’ MSRs

February 18, 2021
Paul Muolo

At a time when servicing values are firming up, Caliber is looking to sell product...


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Rates Rise, MBS Trading Increases and Lenders Worry (A Bit)

February 18, 2021
Paul Muolo
Read the tea leaves: Rising rates and a jump in MBS activity could portend trouble up around the bend.
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Top-Ranked Correspondent Buyer Slated for Sale

February 18, 2021
Paul Muolo

Once the AmeriHome deal is completed, Western Alliance will become a top player in the secondary and MBS markets.


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Short Takes: The 10-Year, Time to Worry / The Challenge That Lies Ahead / Busy and Steady in SoCal / Applications / What’s Special About Ellington’s MBS

February 18, 2021
Paul Muolo and Brandon Ivey

Eddy Perez, president of Equity Prime Mortgage in Atlanta reports yes, applications are slowing but he’s hardly worried “because we’ve been working on outsourcing and analyzing all our data for the eventual slowdown that will create a margin crunch.”


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IPO-Bound Nonbank Revealed as MSR Seller

February 18, 2021
Paul Muolo
Caliber, as a technical matter, still plans on selling shares to the public. But the company also is in the market with a huge flow deal. Confused?
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AmeriHome Pushes the Sale Button. More Deals En Route?

February 18, 2021
Paul Muolo
When rates rise, all sorts of things can happen, like IPO-bound firms opting for a sale instead.
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Grapevine: Rising 10-Year; GSEs Still Expanding Their Workforce

February 18, 2021
Paul Muolo
Treasury yields continue to rise. Will mortgage rates follow? Meanwhile, Fannie and Freddie lament the competition for top talent.
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AZ Bank in $1 Billion Deal to Buy Nation's Third Largest Correspondent Lender

February 16, 2021
Paul Muolo

Back in fall, the privately held AmeriHome announced its intentions to go public.


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