Volume 2014 - Number 46
December 4, 2014
Downloads Available: Warehouse Lenders Ranked by Commitments - 3Q14
Warehouse Commitments Up Slightly in 3Q; Pricing For Nonbank Borrowers the Best it Has Been in Years
Warehouse lenders increased the dollar volume of their commitments to an estimated $31 billion in the third quarter, a 3.3 percent sequential improvement, according to survey figures compiled by Inside Mortgage Finance. Compared to the same quarter a year ago, commitments fell by 11.4 percent. But a commitment to lend is just that. Many nonbank borrowers rack up commitments, but the real test of the health of warehouse lending is in usage rates. At First Tennessee Bank, for example, its commitments were...[Includes one data chart]
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