Ken Logan, managing director of warehouse finance for Wells Fargo Bank, noted that nonbanks need to know “not having cash matters.”

This executive, like many interviewed, called it an example of charter creep. Freddie and the FHFA think otherwise…

Meanwhile, Hindman doesn’t see Amazon or Google buying an existing mortgage franchise...

One manager criticized number-two ranked warehouse provider Texas Capital for the discounts the bank is offering, calling it “the talk of the warehouse community.”

The nation’s warehouse providers ended the second quarter with $67.0 billion of commitments on their books, a 6.3 percent sequential gain and an increase of 8.1 percent from a year ago, according to exclusive survey figures from Inside Mortgage Finance. [Includes one data chart.]

Silvergate Bank is actively providing warehouse lines of credit to non-QM lenders and we understand that Comerica is now sticking its toe in the water…

During the second quarter Redwood deployed $40.0 million in customized financing for nonbanks…

The nonprofit exchange must pay for any “property” associated with CSS…

Redwood Trust is looking to acquire more jumbo mortgages and many of the nonbanks the firm works with could use some financing, making Redwood’s new funding initiative a good match. During the second quarter of 2018, Redwood deployed $40.0 million in customized financing for nonbanks that deliver jumbos to the real estate investment trust. The initiative is part of a diversification effort. Dashiell Robinson, president of Redwood, noted that the REIT isn’t acting as a ...

Since 2012, Fannie and Freddie have been minting money...