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Home » Authors » Paul Muolo

Articles by Paul Muolo

Cenlar’s Fate Remains Murky; Sale Unlikely

November 7, 2024
Paul Muolo
The Cenlar regulatory saga continues. There are rumblings of a potential sale though no known offering book.
Read More

Another Profit for Onity but Book Value Lags

November 5, 2024
Paul Muolo
Revenues increased 7.7% from 2Q24 but compensation to executives and employees rose 8.2%.
Read More

A Banner Month for Mortgage Hiring. However...

November 4, 2024
Paul Muolo
At some shops, mortgage bankers are trying to do more with less, aided by technology.
Read More

Nonbanks Take the Prize on Servicing Recapture

November 4, 2024
Paul Muolo
Why aren't banks more aggressive on refi recapture?
Read More

Short Takes: And the Winner Is…Rates / More Title Insurance Waivers? / New Federal Appointees / A Zero-Down FHA Option Proposed / MBA Gets New CFO

November 4, 2024
Paul Muolo
UWM's CEO sees more title insurance waivers on the horizon...
Read More

Rising Interest Rates Put Damper on MBS Returns

October 31, 2024
Paul Muolo
Until recently, originations and MBS issuance were on the rise. But rising rates have introduced uncertainty in the secondary market.
Read More

Nonbanks Much Stronger Than Banks on Recapture

October 31, 2024
Paul Muolo
Why might some MSR buyers pay more for recent higher-coupon portfolios than their peers? They’re confident they can recapture the customer when a refi is “in the money.”
Read More

MSR Buyer Inks Deal With Nonbank for Recapture

October 31, 2024
Paul Muolo
Rice Park Capital Management signed a deal with Rosegate Mortgage to provide home financing opportunities to customers of Nexus Nova, which owns MSR on Rice Park’s behalf.
Read More

Servicing Values Take a Hit in 3Q

October 28, 2024
Paul Muolo
One advisor, requesting anonymity, said he had a couple of clients who took “double-digit” markdowns.
Read More

Short Takes: An Adjustment for Warehouse? / Debt and Rates? / Eye on the 10-Year / Chopra Not Speaking at MBA / Pricey Paper for Onity

October 28, 2024
Paul Muolo and Brandon Ivey
Is there a connection between interest rates and deficits? There is for subprime borrowers...
Read More
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