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Home » Authors » Paul Muolo

Paul Muolo

pmuolo@imfpubs.com
@https://twitter.com/paulmuolo
Articles

ARTICLES

Wall Street Lines Up to Take Nonprime Lender Public

January 9, 2020
Paul Muolo
Conventional nonbank lender/servicers have been closed out of the IPO market for several years now. But if you fall into the nonprime category, it’s a different picture. Velocity is about to test the stock market waters.
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A Cause for Celebration: MSR Values Poised for a Markup

January 9, 2020
Paul Muolo
Rates were lower at yearend than Sept. 30, which means MSRs owners can relax and take profits on the asset. Next week, when the megabanks begin reporting 4Q results, we’ll know just how good the numbers are.
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Short Takes: Fintechs Gain in Mortgages / Defining ‘Fintech’ / Weaker Applications / Dealing with New York Zombies / Plaza Hires loanDepot Exec

January 8, 2020
Paul Muolo and Yemeng Yang

Okay, but what’s a fintech?


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Deephaven Non-QM Executive Jumps Ship for Competitor Sprout

January 8, 2020
Paul Muolo

Sprout was launched last decade by nonprime veteran Michael Strauss...


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Continued Gains for Subservicers

January 8, 2020
Paul Muolo

As far as the rankings are concerned, not much changed at the very top during the third quarter. Cenlar once again ranked first…


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Short Takes: Surprise: A Nonprime IPO / PIMCO’s Fingerprints / Ocwen Rising (for Now) / SitusAMC, a Leader in Due Diligence / National MI Promotes Fitzgerald

January 7, 2020
Paul Muolo and Brandon Ivey

Overall, 7.25 million shares of Velocity will be offered to the public.


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The 2019 M&A Roundup: Great Expectations Fizzle

January 7, 2020
Paul Muolo

Also, Mr. Cooper was busy as well, buying Seterus and Pacific Union Financial…


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Short Takes: FHFA’s Capital Proposal Release Date? / The Sen. Warren Factor / CMBS Trouble in NYC / Judge Questions the Past Financial Distress of the GSEs / Promotions at Digital Lender

January 6, 2020
Paul Muolo and Dennis Hollier

Cowen says even if Sen. Warren loses the race she will “dominate financial policies headlines in 2020.” The Democratic caucus is set for Feb. 3 in Iowa…


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UWM’s Final Origination Tally for 2019: A Record $107.7 Billion

January 6, 2020
Paul Muolo

Through the first nine months of 2019 UWM had a wholesale/broker market share of 32.7%.


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NYDFS Warns Financial Services Firms Against Cyber Attacks From Iran

January 6, 2020
Paul Muolo

“The NYDFS has taken cyber security to a whole new level," said one lender. "They are hammering everyone about the risk and heavy enforcement in examinations.” 


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View All Articles by Paul Muolo

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