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Home » Authors » Paul Muolo

Articles by Paul Muolo

Short Takes: Applications Slow / loanDepot’s New Line of Credit / Another Loss on Old MBS / Stellar Innovations / Correction

December 20, 2023
Brandon Ivey and Paul Muolo
Loan applications declined even as interest rates came down further.
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CrossCountry Strikes a Deal in Texas? Looks That Way

December 18, 2023
Paul Muolo
Ron Leonhardt founded the acquisition-minded CrossCountry Mortgage in 2003...
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Mr. Cooper Says Cyber Attack More Costly Than Originally Thought

December 18, 2023
Paul Muolo
Among residential loan processors, Mr. Cooper ranks sixth in terms of MSR ownership with $528 billion...
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Short Takes: Another Claim Against Hometown / Not Really Better / A New Name for MSR Broker / Logan Gets New Sales Chief

December 18, 2023
Paul Muolo
Better does not seem too sanguine about its future...
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Decent Prices for Debt Issued by Residential REITs

December 14, 2023
Paul Muolo
If you’re looking for positives in the residential REIT sector, take a peek at how their debt is trading these days — most north of 90 cents on the dollar. Credit belongs to lower interest rates.
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CrossCountry Readies Another M&A Deal

December 14, 2023
Paul Muolo
CrossCountry Mortgage owner Ron Leonhardt wants his nonbank to be the largest lender in the land. One way to do that is to buy other shops — and it looks as though CCM has another target in its sights.
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FoA’s Last Trip to the MSR Sales Shed

December 14, 2023
Paul Muolo
Finance of America is ready to unload the last remains of its MSR portfolio. But it comes at an interesting time: Rates continue to fall, thus impacting asset prices.
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Subservicing Volume Down Slightly in Third Quarter

December 14, 2023
Paul Muolo
The sector is shrinking thanks, in part, to the origination downturn and meager gains in mortgage debt outstanding.
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Warehouse Finance: An Opportunity From an Exit

December 11, 2023
Paul Muolo
Comerica's exit is Wintrust's opportunity...
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MSR Values in Danger of Getting Nicked?

December 11, 2023
Paul Muolo
Declining rates are good for the lending side of the mortgage business, but if you own MSRs...
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