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News About ("Warehouse lend") OR ("Warehouse line-of-credit")

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Found 378 items, now showing 26 - 50

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Flagstar Production Up as Servicing, Staffing Fall - Q2 mortgage originations...
Warehouse lending assets jumped to $0.683 billion from $0.409 billion and were even up from $0.676 billion a year earlier. Commercial real estate loans grew to $0.523 billion from
www.mortgagedaily.com/stories/FlagstarProduction072314.asp
 
Some Mini-Correspondents Subject to Broker Rules - CFPB issues guidance | July 13,...
wholesaler that also provides the warehouse line of credit. If the answer is yes, then the bureau will need to determine what distinguishes broker transactions and lender
www.mortgagedaily.com/stories/MiniCorrespondents071414.asp
 
Flagstar Reduces Size of Mortgage Business - Q1 originations down 24% | April 23, ...
Warehouse lending assets slipped to $409 million from $424 million and tumbled from $751 million at the end of the first-quarter 2013. Commercial real estate loans on the books
www.mortgagedaily.com/stories/FlagstarProduction042314.asp
 
Warehouse Lender Being Acquired - Bid made for parent of Southwest Securities...
Securities, FSB , provides mortgage warehouse lines of credit ranging from $2 million to $ ... institution says that it provides its warehouse lending clients with same-day shipping and
www.mortgagedaily.com/SaleSws021914.asp
 
Fundings Fall as Flagstar Repositions Mortgage Biz - Q4 originations decline 17...
The balance sheet included $0.424 billion in warehouse lending assets, increasing from $0.390 billion in the third quarter but slashed from $1.348 billion at the end of 2012. The
www.mortgagedaily.com/FlagstarProduction012314.asp
 
The Warehouse Line - Recent warehouse lending activity | Jan. 8, 2014 | Mortgage...
Secondary marketing statistics and lawsuits. The Warehouse Line Recent warehouse lending ... volume -- keeping warehouse lines of credit flowing to ... of warehouse lending. Credit
www.mortgagedaily.com/Warehouse010814.asp
 
Mortgage Firms Recruit Business Development Execs - Recent mortgage executive...
Jones, who was recruited as senior vice president, mortgage banking and warehouse lending. Jones' quarter-century in consumer finance included time at BofA. Michael Massella was
www.mortgagedaily.com/Executives010814.asp
 
New Business Slumps at Impac - Q3 mortgage originations off 26% | Nov. 8, 2013...
The lender said that its warehouse lending business went live in the third quarter. Impac Mortgage profile next story back to current headlines Servicing News | Servicer Ranking
www.mortgagedaily.com/ImpacProduction110813.asp
 
Flagstar Mortgage Sales Staff Grows Despite Business Decline - Originations...
Warehouse lending assets retreated to $0.390 billion from $0.676 billion at the end of the second quarter. The total was $1.307 billion at the same point last year. Commercial
www.mortgagedaily.com/FlagstarProduction102413.asp
 
Impac Returns to Warehouse Lending - Company exited business in 2007 | Oct. 1...
Secondary marketing statistics and lawsuits. Impac Returns to Warehouse Lending Company exited ... enter the warehouse lending business. This ... that its warehouse lending division is
www.mortgagedaily.com/ImpacWarehouse100113.asp
 
Operational Metrics Improve at Impac - Q2 originations up 16% from Q1 | Aug. 13...
The re-entry into warehouse lending is expected to ... of re-entering the warehouse lending business. By providing warehouse ... The launch of warehouse lending along with other
www.mortgagedaily.com/ImpacProduction081313.asp
 
Ally Stiffed on Warehouse Line - Charges filed against Steven Pitchersky | Aug. 5,...
Financial Inc. on a $10 million warehouse line of credit. A criminal information was ... provided Nationwide with a $10 million warehouse line-of-credit. Thousands of loans were funded
www.mortgagedaily.com/CriminalStevenPitchersky080513.asp
 
Originations, Servicing Portfolio Decline at Flagstar - Mortgage production down...
Warehouse lending assets were trimmed to $0.676 billion from $0.751 billion and stood at $1.261 billion at the same point in 2012. Commercial real estate loans were cut to $0.477
www.mortgagedaily.com/FlagstarProduction072413.asp
 
Private Investors Fund Growing Firm - Stonegate Mortgage raises over $100 million ...
Cutillo said in the news release. "We also recently launched a non-agency (jumbo) loan program and an integrated warehouse lending solution, which positions us to gain market
www.mortgagedaily.com/StonegateOffering052213.asp
 
Flagstar Invests in Purchase Business - Q1 mortgage originations fall 19% from Q4 ...
Warehouse lending assets accounted for $0.751 billion of the investment portfolio, tumbling from $1.348 billion as a result of falling originations. This category stood at $1.104
www.mortgagedaily.com/FlagstarProduction042413.asp
 
ClearPoint Capital to Be Acquired - Deal expected to close in Q1 | Feb. 15, 2013 |...
ClearPoint was found to be in default under certain provisions of each of its three warehouse lines of credit concerning covenants relating to liquidity, net profit/loss and
www.mortgagedaily.com/ClearpointAcquisition021513.asp
 
Ally Mortgage Originations Sink, Could Fall Further - Q4 production up 20% from...
Ally said that it completed the wind down of its warehouse lending business during the fourth quarter. "Ally Bank is exploring alternatives for the agency MSR portfolio and its
www.mortgagedaily.com/AllyProduction020513.asp
 
Annual Flagstar Production Doubles - Q4 originations up 6% from Q3 | Jan. 24...
Flagstar's warehouse lending assets grew to $1.348 billion from $1.307 billion and were $1.174 billion at the same point in 2011. At $0.689 billion, commercial real estate loans
www.mortgagedaily.com/FlagstarProduction012513.asp
 
Risks, Benefits of Broker-to-Correspondent Conversion - Webinar highlights...
Conversion Webinar highlights warehouse lending approval Jan. 22, 2013 By ... vice president at First Tennessee's warehouse lending unit, explained that becoming approved with
www.mortgagedaily.com/CorrespondentWebinar012213.asp
 
Warehouse Lines a Big Factor in Production - Inadequate capital often a problem | ...
ability to obtain an adequate warehouse line of credit. An increasing number of large aggregators are retreating from correspondent lending purchases, frustrating many players in
www.mortgagedaily.com/WarehouseOutlook010813.asp
 
Texas Bank Acquires Warehouse Lender - Carlile Bancshares unit make acquisition | ...
Goldome was formed for the purpose of providing warehouse lines of credit to the mortgage lending industry operating in Texas and other states, for the purpose of funding mortgage
www.mortgagedaily.com/NorthstarAcquisition123112.asp
 
No. 7 Mortgage Lender Has New No. 1 - Flagstar announces executive appointments | ...
He also oversaw warehouse lending. He originally went to work for Flagstar in 2009. Prior employers for the new president include Bank of America-subsidiary Columbia Management,
www.mortgagedaily.com/FlagstarPresident122412.asp
 
BofA CEO Sees Private Label MBS Revival Ahead - Brian Moynihan projects bank will ...
lending business -- including correspondent lending, warehouse lending and the sale of mortgage servicing rights -- and asked whether the bank planned to exit the mortgage
www.mortgagedaily.com/VideoBoaMbs121412.asp
 
Servicing Acquisition Moves Chase Closer to No. 2 - Deal announced to acquires...
MetLife Bank's warehouse lending business to EverBank and the sale of $9.6 billion in reverse mortgage servicing rights to Nationstar Mortgage LLC. The disclosure that MetLife
www.mortgagedaily.com/ServicingChase110412.asp
 
Ally Originations Increase - Q3 production up 39% over Q2 | Nov. 2, 2012...
Bank announced it was exiting the warehouse lending business in July as it had become less strategic to the business, which in part affected production levels." The latest
www.mortgagedaily.com/AllyProduction110212.asp
 
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