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Home » Authors » Paul Muolo

Articles by Paul Muolo

Tweaks Coming to Ginnie's New Capital Relief Rule?

November 18, 2024
Paul Muolo
One analytics official said he expects changes to be made to the capital guardrails.
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Short Takes: Good News, Bad News? / Sticking Up for Fairway / UWM's Share Price / GNMA Chief Moves On / A Promotion at Cornerstone

November 18, 2024
Paul Muolo and Monica Hogan
During the first Trump administration, there was no confirmed Ginnie Mae president.
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MBS Trading Increases Again in October, Clouds Forming

November 14, 2024
Paul Muolo
MBS trading volume had its best month of the year in October. Might higher tariffs promised by a new White House force rates higher, damaging the mortgage market?
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Planned Capital Relief From Ginnie Could be Revised

November 14, 2024
Paul Muolo
Ginnie Mae wants to give a capital break to servicers that hedge their positions and do it well. But the government guarantor might make some changes to the language first published last week.
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Nonbanks Face Higher Rates on Debts Coming Due in 2025

November 14, 2024
Paul Muolo
In 2020 when rates were hitting rock bottom, nonbanks — public and private alike — lined up to issue debt in the form of unsecured notes. But 2025 is just around the corner and those instruments need to be refinanced or paid off.
Read More

Bank of Oklahoma, Primis Enter the Warehouse Arena

November 11, 2024
Paul Muolo
BOK's warehouse effort will be led by industry veteran Donnie Martin, who's worked at Texas Capital and other banks.
Read More

Of Mortgage Company Debts and Federal Deficits

November 11, 2024
Paul Muolo
Long-term rates could continue to rise if progress isn't made to reduce the federal deficit.
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Short Takes: Better’s New VA Product / M&A Opportunity / More MSR Deals on the Way / HES Product Ready in Oregon / RCC's First MBS Deal

November 11, 2024
Paul Muolo
Just in time for Veterans Day, Better unveils a new refi option.
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Non-QM Packages on Offer Near Year-End

November 7, 2024
Paul Muolo
Plenty of non-QMs are for sale as the year draws to a close, including a $211 million package of mortgages with an average yield of 8.024%.
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Surprise: BOK, Primis Enter the Warehouse Arena

November 7, 2024
Paul Muolo
Additional warehouse providers mean more choices for nonbank mortgage companies. But with mortgage rates headed north once again, will it matter all that much?
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