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Home » Authors » Paul Muolo

Articles by Paul Muolo

Grapevine: Next Up for IPOs: Caliber and AmeriHome

October 23, 2020
Paul Muolo
Guild's maiden voyage on the NYSE was somewhat underwhelming. Next up in the IPO queue: AmeriHome Mortgage and Caliber Home Loans.
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Short Takes: A Day Later… / Reduced Expectations? / Settling to Avoid More Legal Expenses / $4.98 Million Goes to the Whistleblower / FHA Extends Forbearance Deadline

October 23, 2020
Paul Muolo

The case was mentioned in Guild's S-1A document...


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Want to Buy Some loanDepot Stock? How About Some Debt?

October 23, 2020
Paul Muolo

The nonbank is weighing its IPO options. In the interim, it's selling $500 million worth of debt...


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Another Week, and More Note Offerings by NBs

October 22, 2020
Paul Muolo
Mortgage firms continue to court the debt market with note offerings. The latest deals come from loanDepot, Starwood and PennyMac Financial.
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Standing in the Way of Huge GSE Earnings: Not Much

October 22, 2020
Paul Muolo
What might the GSEs earn in the third quarter? Based on their securitization volume, it should be a ton. Just subtract the COVID hit.
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Short Takes: A Quarter to Remember / But a Record? / The NB vs. Bank Tally / Avoiding Television / A Premier for FHA AU

October 22, 2020
Paul Muolo and Maria Volkova

Among the top 10 lenders for the first nine months, six were nonbanks and four were federally insured depositories. However, the number-10 ranked Bank of America is in danger of being overtaken by Guaranteed Rate.


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Underwriter Wars Heat Up, ‘Raids’ A Plenty?

October 22, 2020
Paul Muolo
Loan underwriters are in such demand that some mortgage lenders are seeing their staffs get poached. What’s a CEO to do?
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Guild Goes Public, Stock Struggles in Reduced Offering

October 22, 2020
Paul Muolo

All totaled, McCarthy will take home $97.5 million today compared to $161.5 million, the high end of the range published last Thursday...


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In IPO ‘Watch Mode,’ loanDepot Moves to Sell Debt

October 22, 2020
Paul Muolo
A funny thing happened to loanDepot on its way to a supposed initial public offering: A debt offering. Yield? We don’t know.
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Grapevine: The GSE Fee is Cast in Stone / Ocwen Strives to Break Out

October 22, 2020
Dennis Hollier and Paul Muolo
A few weeks back there was some hope that, perhaps, the GSE adverse market fee might get scrapped. Not so. Meanwhile, Ocwen keeps trying to turn things around.
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