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Home » Authors » Paul Muolo

Articles by Paul Muolo

As Rates Stabilize, More Bulk MSR Deals Hit the Auction Market

August 11, 2016
Paul Muolo
The $1.5 billion offered by MIAC has an average interest rate of 4.22 percent and delinquencies of 2.65 percent.
Read More

Short Takes: When Donald Met the NAHB / No New Regulations? / Foreclosures Rise on a Sequential Basis / Good News for the FHA MMIF / New Hire at Incenter

August 11, 2016
Paul Muolo and Sherry Muolo
Earlier in the week, candidate Trump warmed the hearts of banking and financial services executives everywhere when he said he would propose a moratorium on all new financial regulations…
Read More

Across the Board it was an Ugly 2Q16 for MSR Markdowns

August 11, 2016
Paul Muolo
Before the financial crisis, it wasn’t unusual for a bank to value its MSR asset at 150 bps or even higher.
Read More

Short Takes: VA 2Q Loan Volume at $48 Billion / Hedge Funds See Bargains in Servicing Rights? / Bill Erbey Continues to Sell Shares / Michigan Mutual’s New Hire

August 11, 2016
John Bancroft and Paul Muolo
Some investors believe servicing prices now look enticing.
Read More

Megabanks the Big Winners as Jumbo Conduits Close?

August 10, 2016
Paul Muolo
The fear is that loan pricing will be worse and loan-to-value ratios will be more restrictive.
Read More

Loan Broker Employment Best Since the Financial Crisis

August 10, 2016
Paul Muolo
UWM is beginning to see some of its competitors pick up their game...
Read More

Short Takes: Brokers are Hot, Bankers Not So Much / Help Wanted: Senior Mortgage Execs / Flagstar Boosting Retail / The Cost Savings From Closing a Jumbo Conduit / New NPL Auction from Fannie Mae

August 10, 2016
Brandon Ivey and Paul Muolo
Senior-level mortgage executives are in demand these days, according to one recruiter...
Read More

PHH Working on Sale with ‘Sense of Urgency’; Company Loses $12 Million in 2Q16

August 9, 2016
Paul Muolo
The question remains: who will buy PHH's assets? Is a franchise deal even possible?
Read More

Walter Posts Staggering Loss of $232 Million for 2Q16; Sells MSRs and Hires New CEO

August 9, 2016
Paul Muolo
On the production front, Walter’s Ditech unit reported $4.8 billion of new originations, a 3.4 percent drop compared to 1Q16.
Read More

Short Takes: MBA’s Dave Stevens, Former HUD Chief Cuomo in the $100,000 Hillary Club / 66 Basis Points for $35 Billion in MSRs? / Sell Walter? / Fannie CEO Takes A Second Job / Stewart Title Loses Sales Exec to Competitor

August 9, 2016
Carisa Chappell and Paul Muolo
Speculators have made a ton of money shorting Walter's stock...
Read More
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