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Home » Authors » Paul Muolo

Paul Muolo

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

ARTICLES

JPM Confirms Mortgage Layoffs, Hopes to Redeploy Workers

February 9, 2023
Paul Muolo
Chase is the nation’s third-largest retail home lender overall....
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Short Takes: A Tough Quarter for Mega REIT / Annaly Will Trim Dividend / Opportunistic / Better.com Update / NBA Owner Ishbia

February 9, 2023
Paul Muolo
The Suns new owner: mortgage banker Mat Ishbia...
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Selling Servicing Rights: Wells Fargo and Home Point?

February 9, 2023
Paul Muolo
The MSR sales market is starting to firm up a bit — and just in time. A handful of large packages are available, including two from Wells Fargo and one from a large nonbank. But will these deals get done?
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As loanDepot’s Fortunes Fade, Hsieh Out as Exec Chair

February 9, 2023
Paul Muolo
In a surprise move, loanDepot Executive Chair Anthony Hsieh has stepped down, though he remains as chairman. What’s clear: The LD founder is not a happy camper, as insiders sell stock and the firm’s fortunes fade.
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Director Battles Ensues, loanDepot Founder Hsieh Steps Down as Exec Chairman

February 8, 2023
Paul Muolo
Hsieh will step down as "executive" chairman, but will retain a chairman title. loanDepot did not provide any color on his duties.
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A Problem for Mortgage Servicers: Rising Costs

February 8, 2023
Paul Muolo
Albrecht cited “increased costs for technology and staff to handle dramatically higher regulatory demands from multiple states and the feds.”
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Short Takes: A Battle Brewing at loanDepot / Company Hungry: Guild Mortgage / Other Potential Buyers / Applications Rise / Comparison Platforms and RESPA

February 8, 2023
Sam Manas and Paul Muolo
KBW predicts that in the year ahead other franchise buyers might include Mr. Cooper, Rithm Capital and Rocket…
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Wells Testing the Waters With Two MSR Offerings

February 7, 2023
Paul Muolo
A spokesman for Wells said he cannot “address speculation" regarding servicing sales...
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Short Takes: Indemnification Against UWM / The Worst Thing to Happen to Brokers? / The ‘Bully’ Charge / Taxing Share Buybacks / Salary Survey / A Promotion at PL

February 7, 2023
Paul Muolo
UWM's Mat Ishbia finds himself in the news again...
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Struggling Home Point Cancels Gestation Repo Deal with JPMorgan

February 6, 2023
Paul Muolo
In 2022, Home Point ranked 17th among all residential lenders...
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