Short Takes: Sales of Existing Homes Slow / Profit on Sale of Warehouse Unit / New Type of Securitization From Figure April 25, 2025 Brandon Ivey Sales of existing homes declined in March on a monthly basis and compared with March 2024.Read More
loanDepot to Issue Revolving Warehouse Securitization April 3, 2025 Brandon Ivey It will be the 11th issuance of its type by loanDepot.Read More
A Selling Point in This IPO: Mortgage Finance February 3, 2025 Brandon Ivey Northpointe also accepts deposits online. And that’s about it.Read More
Cenlar Ponders Warehouse Lending, MSR Finance, More February 3, 2025 Paul Muolo To its credit, the privately held Cenlar has made numerous moves to please the OCC.Read More
A Nice Gain for Warehouse Lending in 3Q24 December 16, 2024 Paul Muolo Another positive sign: Usage rates remain in the 50% to 60% range.Read More
Flagstar's CFO Departs, Lee Smith Named to Replace Him December 16, 2024 Paul Muolo Gifford, just a few days ago, gave notice to Flagstar that he will be leaving the federally insured depository.Read More
Indiana Bank Changes Mind on Unloading Warehouse Unit November 27, 2024 Paul Muolo The buyer of Horizon's warehouse unit was not identified in the 8-K.Read More
Short Takes: Mixed Trends Among Agency MBS Issuers / Home Sales Expected to Increase / Provident Bank Hires Warehouse VP From Flagstar / Achieve Expands HELOC Offerings November 12, 2024 John Bancroft and Brandon Ivey While agency MBS issuance surged in October, some of the top sellers posted declines in volume compared with September.Read More
Bank of Oklahoma, Primis Enter the Warehouse Arena November 11, 2024 Paul Muolo BOK's warehouse effort will be led by industry veteran Donnie Martin, who's worked at Texas Capital and other banks.Read More
Scotiabank to Enter Mortgage Warehouse Lending Space August 13, 2024 Paul Muolo Scotiabank hired the managing director of Chase's mortgage warehouse unit.Read More