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Home » Authors » Paul Muolo

Articles by Paul Muolo

Rocket Outearns Freddie, Gaining on Fannie

November 12, 2020
Paul Muolo
A mortgage boom for the ages? So far this year, Rocket (Quicken Loans) has outearned one GSE and is within striking distance of the other.
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A Second Look at Rocket’s Earnings: Better Than Freddie, Gaining on Fannie

November 12, 2020
Paul Muolo

Quicken is an active and major player in the Ginnie Mae EBO game as well...


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(Not) Surprise: loanDepot Headed to the IPO Party

November 11, 2020
Paul Muolo

loandepot’s chief backer, dating back to 2010, is private equity firm Parthenon Capital Partners.


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Another Blowout Earnings Quarter for Rocket, Company Unveils $1B Stock Buyback Initiative

November 10, 2020
Paul Muolo

Bottom line: Originations increase nicely, but GOS declines...


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Short Takes: The First Out the Door: Ginnie’s Appleton / No Permanent President / What is MISMO / FHA Late Pay Rate: 15.80% / An MSR-Backed Security

November 10, 2020
Paul Muolo and Brandon Ivey

Expect to see more Trump appointees leaving their agencies in the weeks ahead...


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Once Again, the Forbearance Count Falls; Problems Reported with Reaching Borrowers…

November 9, 2020
Paul Muolo

On Friday, Black Knight Financial released its forbearance tally, saying the measurement declined 137,000 units for the seven-day period ending Nov. 3. Roughly 2.9 million mortgagors are in some type of COVID-related relief program or 5.45% of those with a first lien...


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Short Takes: Dow Soars, Rates? / Cutting the Profit Margin? / Mortgage Stocks Nicked / Forbearance Declines / HUD Chief Tests Positive for Coronavirus

November 9, 2020
Paul Muolo

The Dow soars but mortgage stocks had a case of the sniffles...


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The Post-COVID Employee Landscape: How Many Mortgage Workers Return to the Office?

November 9, 2020
Paul Muolo

Moreover, the "back to the office" quandary became even more pertinent Monday morning, given the positive news surrounding the Pfizer coronavirus vaccine.


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Signs of Life in Ginnie Mae MSR Sales? Maybe

November 6, 2020
Paul Muolo
The sale of Ginnie servicing rights have been anemic for two full quarters. But hope springs eternal the market might be reviving soon.
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Short Takes: Keep the Champagne Flowing / PennyMac Remains in a Hiring Mode / A Rerun for Nonbank Mortgage IPOs? / Impac’s Tiny Profit / loanDepot?

November 6, 2020
Paul Muolo and Brandon Ivey

A slowdown in originations? Don't bet on it...


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