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Home » Authors » Paul Muolo

Paul Muolo

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

ARTICLES

Earnings, Outlook Get Worse for Better

November 14, 2023
Paul Muolo
Better lost $340 million in the third quarter and projects a decline in originations for the fourth quarter.
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Green Shoots: A Slight Improvement in GOS Margins

November 13, 2023
Paul Muolo
Rocket Mortgage posted a GOS of 276 basis points in the third quarter compared with 269 bps in the prior period...
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BTIG on FoA: Negative Tangible Net Worth an Issue

November 13, 2023
Paul Muolo
CEO Graham Fleming called the lender the "preeminent provider of modern retirement solutions focused on the home."
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Short Takes: Debt Concerns for One Lender? / Renting v. Owning / Make Them Buy MBS (Again) / A Non-QM Rebrand

November 13, 2023
Paul Muolo and James Dohnert
According to Invitation Homes, it’s cheaper to lease a home than it is to buy in all of the company’s 16 core markets...
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REITs Start Trimming Dividends. A Temporary Thing?

November 9, 2023
Paul Muolo
When times turn tough, some mortgage REITs start cutting the dividends they pay shareholders, but not all. Meanwhile, book values are getting slammed. A time to buy these equities or sit on the sidelines?
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A Hopeful Sign: Improving Gain-on-Sale Margins

November 9, 2023
Paul Muolo
The profit picture is improving at many shops, but a discernible increase in originations will be needed before the industry can breathe easier.
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When Might Cenlar be Sprung From Consent Order Prison?

November 9, 2023
Paul Muolo
Cenlar, the largest subservicer in the mortgage industry, has been on a middle- and senior-manager hiring spree the past 18 months as it tries to meet the demands of an OCC consent order filed two-plus years ago.
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Earnings Improve at UWM, Aided by MSRs

November 8, 2023
Paul Muolo
UWM transferred $14.7 billion of servicing rights in the third quarter.
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loanDepot Working to Cut More Costs Amid Losses

November 8, 2023
Paul Muolo
The nonbank is working on another round of cost-cutting measures.
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Earnings Decline for Ocwen, Growth Plans Ensue

November 7, 2023
Paul Muolo
Ocwen management estimates its book value is $58.00 per share.
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View All Articles by Paul Muolo

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