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Home » Authors » Paul Muolo

Articles by Paul Muolo

MSR Owners Ramp Up Hedges With Rate Cut Expected

July 17, 2024
Paul Muolo
What’s surprised Dan Libby, a senior vice president at Mortgage Industry Advisory Corp., is that hedging inquiries from MSR owners have not come sooner.
Read More

Mortgage Hiring? Advantage Loan Brokers

July 11, 2024
Paul Muolo
The future looks somewhat positive for loan brokers, but not so for mortgage bankers. Not surprising given production trends, but a Fed rate cut in the fall could change the hiring equation.
Read More

When In Doubt, Hedge Those MSRs

July 11, 2024
Paul Muolo
Hedging-related inquiries from MSR holders are on the rise with a possible Fed rate cut in the wind.
Read More

Brokers Add Jobs, Mortgage Bankers Keep Trimming

July 8, 2024
Paul Muolo
The BLS reading on mortgage employment trails the national numbers by a month.
Read More

Bain Jumps Into the Fix-n-Flip Market With Acquisition

July 8, 2024
Paul Muolo
A few months back, Bain bought a stake in two different mortgage software companies...
Read More

Short Takes: Warrant Trouble for FoA / Exercisable at $11.50 / Rates and MSR Values / Redwood’s New RMBS Deal / A Promotion at Embrace

July 8, 2024
Paul Muolo
KBW noted that a majority of the mortgage market is “still well over 300 basis points out-of-the-money to refinance”…
Read More

Rocket Draws a New LOC. But What Might It Buy?

July 3, 2024
Paul Muolo
Borrowings under the new credit agreement are unsecured. A commitment fee also was involved.
Read More

It’s a Go: NYCB’s Reverse Stock Split Set

July 3, 2024
Paul Muolo
Presently, there are two nonbank mortgage stocks in the throes of a reverse stock split: Better and FoA...
Read More

Adjusting to a ‘New (Mortgage) Normal’

July 3, 2024
Paul Muolo
APM has strung together a string of profitable months. It's not alone...
Read More

Short Takes: More Action in the Non-QM Market / Eye on the 10-Year / FHA and Appraisals / The Fair Lending Exam Count / A New Hire for Waterstone

July 3, 2024
Monica Hogan, Shannon Clark, and Paul Muolo
Gain-on-sale margins are getting tight once again...
Read More
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