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Home » Authors » Paul Muolo

Articles by Paul Muolo

Mutual of Omaha Buys Assets from Realtor’s Mortgage Company

February 21, 2023
Paul Muolo
The Keller Williams real estate brokerage boasts 1,100 offices and 200,000 associates.
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Short Takes: FHA MIP Cut to be Announced Wednesday / How M&A Can Pay Off (American Pacific) / The Farner Revelation / Timing / So Long, Subservicer / Deephaven’s New COO Hails From GR

February 21, 2023
Paul Muolo
The Piper report notes, “A change at the CEO level prior to a pending earnings announcement presents some consternation"...
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HomeLend, New Non-QM Conduit, Courting Foreign Investment

February 14, 2023
Paul Muolo
The new firm, based out of New York, matches investors and lenders and wants to enter the securitization space this year.
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Large Amount of Non-QMs ‘Stuck’ on Warehouse Lines

February 13, 2023
Paul Muolo and Brandon Ivey
Upwards of $1.0 billion of non-QMs are sitting on warehouse lines that would have typically been sold months ago, according to one estimate.
Read More

Nonbanks Still Working to Sell Older Non-QMs

February 10, 2023
Paul Muolo and Brandon Ivey
Angel Oak Mortgage is among the nonbanks trying to sell off somewhat seasoned non-QMs that have interest rates well below prevailing rates.
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A $1M Profit at Mr. Cooper as Lending Suffers but MSRs Buoy

February 10, 2023
Paul Muolo
Management shelled out $23 million during 4Q to cover severance payments to laid off workers and for property consolidation.
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Short Takes: More MSRs to Buy / $85B? / CS Sells Part of SPG / Illinois Stops Strauss in His Tracks

February 10, 2023
Paul Muolo and Dennis Hollier
Whatever happened to the sale of SPS?
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New Non-Agency Conduit Eyes Foreign Investors

February 9, 2023
Paul Muolo
Another marketplace for non-agency loans? Looks that way. But HomeLend wants to tap foreign investors that have a thirst for American mortgages.
Read More

In the Rearview Mirror: Easy Ginnie EBO Profits

February 9, 2023
Paul Muolo
Ginnie EBOs tanked in the fourth quarter to just $620 million. Meanwhile, new earnings reports show just how much the reduction has affected companies engaged in such activities.
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Hsieh's Latest Revelation: I Was Fired by the loanDepot Board

February 9, 2023
Paul Muolo
loanDepot insiders have been dumping their stock in the lender. But not Hsieh.
Read More
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