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Home » Authors » Paul Muolo

Articles by Paul Muolo

A Nice 2Q Profit for Rithm, But GOS Declines

July 28, 2025
Paul Muolo
At June 30, Rithm's owned mortgage servicing rights totaled $593.0 billion.
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Short Takes: Regulatory Breaks for the GSEs? / Bank Seeks to Expand Wholesale Outreach / Non-QM Concerns? / Radian’s New MBS / IH President Departs

July 28, 2025
Dennis Hollier and Paul Muolo
Invitation Homes, one of the largest owners of single-family rental homes in the nation, said company President Charles Young has resigned.
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MBS Trades Hit Annual Low

July 17, 2025
Paul Muolo
If there’s any good news on the agency MBS front it’s that new issuance volume increased from the first quarter to the second. Then again, it was driven by seasonality.
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Mortgage Bellwethers Report Lending Gains in 2Q, But GOS Down

July 17, 2025
Paul Muolo
Some of the mortgage bellwethers began reporting second-quarter results this week. The good news is that loan production increased nicely from the first quarter.
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Grapevine: MSR Sales Delink Effect; Mortgage-Banking Firms Shed Full-Timers

July 17, 2025
Paul Muolo
Flood of mortgage servicing sales are impacting performance; mortgage bankers and brokers aren’t hiring much these days, if at all.
Read More

Large Sequential Gains for Origination Bellwethers JPM and Wells

July 15, 2025
Paul Muolo
KBW noted the GOS margin at Wells fell sharply to 45 bp in 2Q25, down 45 bp quarter over quarter...
Read More

Pay Raises for Mortgage CEOs — But Not for All

July 14, 2025
Paul Muolo
Some 85% of 2024 comp for Rocket's CEO Varun Krishna came from stock awards.
Read More

As Earnings Season Starts, Some Concerns About Originations

July 14, 2025
Paul Muolo
KBW said of UWM, "while the shares remain inexpensive, we see limited positive catalysts with rates remaining range-bound at current levels.”
Read More

Short Takes: The Cost to Borrow (for Companies) / Then Again… / Good News in Rochester (NY) / Regulatory Changes From OCC, FHA

July 14, 2025
Paul Muolo and Emmeline Willey
One housing market that seems to be doing well is Rochester, NY.
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Interest Rate Outlook Murky Following Tax/Spending Bill

July 11, 2025
Paul Muolo
With the federal deficit set to increase, there are fears that the 10-year Treasury rate will rise.
Read More
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