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Home » Authors » Paul Muolo

Articles by Paul Muolo

The Stock Market is Gyrating but Mortgage REITs Keep Issuing Additional Shares

August 20, 2019
Paul Muolo

The issuer list encompasses an array of public “mREITs,” including two of the largest players in the MBS-investing market…


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Short Takes: Waiting on Capital Rules for Fannie & Freddie / Re-proprose It? / Louisiana and Ohio Lenders Agree to Merge / Does PIMCO Have a Mortgage Problem? / New Rez Agrees to Buy Guardian

August 19, 2019
Paul Muolo

PIMCO owns at least one mortgage company, First Guaranty Mortgage Corp., in Tysons Corner, VA. Earlier this year, FGMC launched a non-QM brand called Maverick…


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Founder of Top-Ranked Warehouse Provider Texas Capital to Retire. However…

August 19, 2019
Paul Muolo

Ackerman is receiving a lucrative retirement package, including $20,000 to cover out-of-pocket expenses in connection with striking the deal…


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What We’re Hearing: Ocwen’s CEO Puts His Money Where His Mouth Is / $197,560 Spent / A Bullish Sign? / Ocwen Launches New Reverse Product / About Those Prices We Quoted You / DocMagic Update

August 16, 2019
Paul Muolo

Ocwen’s Liberty Home Equity Solutions recently launched a non-agency reverse mortgage product. The EquityIQ loan allows borrowers to access up to $4 million in up-front cash...


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Up for Grabs: Almost $18B Worth of Mortgage Servicing Rights

August 16, 2019
Paul Muolo

Not all auction houses reveal their offerings and many deals that get done are privately negotiated with little in the way of publicity.


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On the Rise: Trading Desks Focusing on Non-QM Paper

August 16, 2019
Paul Muolo

Besides IMA, two other servicing brokerage firms are active in the space as well: MIAC Capital Markets Group, New York, and Situs AMC, Denver.


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Ocwen Loses Money Yet Again. Can it Survive Long-Term?

August 15, 2019
Paul Muolo
Ocwen Financial posted another losing quarter, with new challenges: De-clining interest rates and a massive amount of debt coming due.
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Stock Market is Unpredictable, but REITs Keep Issuing New Shares

August 15, 2019
Paul Muolo
Mortgage-investing REITs continue to tap the equities market. And it’s occurring at an odd time: The Dow Jones Industrial Average is gyrating like a drunken puppet.
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Mortgage Grapevine: Fear and Loathing in Prepayment Land / A CPR of 70%?

August 15, 2019
Paul Muolo
It's all about prepayment speeds these days. Look out below, MBS investors?
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Short Takes: You Can’t Deny July (Volumes) / The Others? / Good News on the Warehouse Front / CHLA Wants a Stress-Test Carve Out for Small Shops / George Mason Mortgage Hires ex-MBA Chief Stevens

August 15, 2019
Paul Muolo
In terms of new originations, the third quarter could be a barn-burner as well...
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