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Home » Authors » Paul Muolo

Articles by Paul Muolo

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.
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The Trump Tax Bill and the Fear of Higher Rates

July 10, 2025
Paul Muolo
Will the One Big Beautiful Bill Act cause federal deficits to grow and rates to spike? The simple answer seems to be yes, but so far the yield on the 10-year note hasn’t moved much.
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Mortgage CEO Pay Rises in 2024, But Not for All

July 10, 2025
Paul Muolo
In some regards, 2024 was a better, but trying, year for mortgage bankers. A handful of publicly traded shops gave nice pay raises to those in the C-suites. (Includes data table.)
Read More

MSR Marks Mostly Benign at End of 2Q

July 10, 2025
Paul Muolo
There was little fluctuation in MSR values on a quarterly basis as of the end of June, according to an early look at MSR marks.
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Not a Whole Lot of Hiring in the World of Mortgages

July 7, 2025
Paul Muolo
Loan brokerage firms had 83,600 workers on their payrolls as May closed out, off 100 from April 30.
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Short Takes: Of Timing and Book Values / About That Rate Cut / The Debt Again / Kevin Wall's New Job / Five and Two

July 7, 2025
Paul Muolo
Title Resource Group is the nation’s fifth-largest title shop. First American ranks second.
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Senate Passes Trump’s Massive Tax Bill, No Bond Market Vigilantes in Sight

July 2, 2025
Paul Muolo
Stifel said it’s questionable whether enough Republicans will vote against the bill.
Read More

Piper’s Mid-Year Take on Mortgages: No Normalcy Yet

July 2, 2025
Paul Muolo
Piper: "The primary-secondary spread has averaged 1.06% in 2Q25, below the 1Q25 average of 1.12%."
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Short Takes: About That Rate Cut / Some History / Layoffs at Cenlar / Onity's Reverse MBS / Cold Calling at 10 Years Old

July 2, 2025
Paul Muolo
Onity is working on another securitization of reverse mortgages.
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First American Sticks Its Toe in the MSR Brokerage Pool

July 1, 2025
Paul Muolo
Bob Caruso is in charge of the servicing brokerage platform.
Read More
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