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Home » Authors » Paul Muolo

Paul Muolo

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

ARTICLES

Short Takes: Texas Mortgage M&A? / Warehouse Advice: Be Honest / More Job Cuts / MSR Auctions / Blend Reduces Debt

December 11, 2023
Paul Muolo and Brandon Ivey
Mortgage banking firms handed pink slips to 2,700 full-timers in October while brokerage shops cut 800...
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Lenders Still Hoping for Help on Mortgage Spread

December 8, 2023
Paul Muolo
While interest rates have declined in recent weeks, concerns persist about the wide spread between the 10-year Treasury rate and interest rates on mortgages.
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Industry Effort on Rates, MBS Will Continue

December 7, 2023
Paul Muolo
To many in the industry, it looks as though the worm has turned and lower rates are a sure thing, thanks to recent benign inflation readings. But maybe not and that’s why CHLA is continuing its efforts regarding MBS buyers and more.
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A Lull in Activity for Subservicers in Third Quarter

December 7, 2023
Paul Muolo
Subservicing volume declined during the third quarter, which might explain some of the recent consolidation in the space.
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Warehouse Lending: An Exit and a Big Opportunity

December 7, 2023
Paul Muolo
When it comes to warehouse finance of nonbanks, one lender’s exit could be another’s opportunity for future growth, at least that’s what executive Kevin Mitzit of Wintrust is hoping for.
Read More

McHenry Declines to Run for Reelection in House

December 6, 2023
Paul Muolo
Rep. Patrick McHenry, R-NC, is currently the chairman of the House Financial Services Committee.
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Short Takes: Application Trends / Lumber Costs and Buydowns / Discounted Rates at KeyBank / PennyMac’s Debt Issuance / REIT Merger Finalized

December 6, 2023
Brandon Ivey and Paul Muolo
Refi applications are up on an annual basis while purchase-mortgage demand lags.
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More Pain for Warehouse Financiers

December 4, 2023
Paul Muolo
Over the past year, a handful of banks have exited the warehouse finance sector, including Comerica and Fifth Third.
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In a Quiet RMBS Market, PIMCO Launches a New Security

December 4, 2023
Paul Muolo
PIMCO was once an investor in Acra’s predecessor company, Citadel Servicing...
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Short Takes: Another New Nonbank HEL / More MSR Offerings / To Catch a Falling Knife / Update on Mr. Cooper’s Cyberbreach Problem

December 4, 2023
Paul Muolo
PennyMac Financial launched a new fixed-rate home equity product...
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View All Articles by Paul Muolo

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