The Mortgage Bankers Association said, if implemented, the proposed changes would make it “unattractive for banks to continue to offer” warehouse lines to nonbank mortgage companies.

The industry’s pipeline of loans held for sale was also reduced in the first quarter.

"Record To-Be-Announced activity [in March] was primarily driven by a spike in rate volatility amid heightened macro uncertainty and broader market volatility," Tradeweb said.

Home prices increased by 0.1% on a monthly basis in January, according to the Federal Housing Finance Agency.

Hope Dmuchowski, a senior executive vice president and chief financial officer at First Horizon Bank, said the bank’s mortgage warehouse activity is “behaving seasonally” with a decline in volume compared with the fourth quarter.

Framework Ventures operates a decentralized finance ecosystem known as Sky, which links stablecoins with various types of assets.

Stacy Kymes, president and CEO of the bank, said BOK could “easily” hit $1.0 billion in warehouse lending commitments by the end of 2026.

Federal Home Loan Bank outstanding advances declined 6.6% from the second to the third quarter.

Better, which does not service loans, has new originations partnerships with two unidentified companies.

A majority of his nonbank customers are making money on their originations again, according to one warehouse veteran.