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