Bank Capital Requirement Proposal Would Squeeze Nonbanks September 22, 2023 Brandon Ivey There's an interplay between how the proposal would impact larger banks and the effects on nonbank mortgage companies.Read More
Warehouse Commitments Sag. Fear About Additional Exits... September 11, 2023 Paul Muolo Among those hanging up their warehouse spurs: Comerica Bank, which has been in the business for several decades...Read More
Communication Between Nonbanks, Warehouse Lenders Key July 11, 2023 James Dohnert If mortgage providers struggle to meet covenant terms, warehouse banks advise early and honest communication before any violations occur.Read More
Another Warehouse Financier Calls It Quits July 5, 2023 Paul Muolo Fifth Third began building its new warehouse lending business during 2021 when originations were still booming...Read More
loanDepot and Warehouse Financier Part Ways June 21, 2023 Paul Muolo The disclosure was made in new filing with the SEC.Read More
Comerica Sets Exit From Warehouse Lending June 13, 2023 Paul Muolo A sea change could be coming in warehouse finance...Read More
Short Takes: Freddie Offers Automated Paystub Assessment / ‘Soft’ Credit Pulls From Blend / Non-QM MBS From Ares / Fintech Enters Warehouse Sector May 23, 2023 Brandon Ivey The GSE says the addition to its income assessment tool will expand access to credit.Read More
1Q23 Not a Pretty Time for Warehouse Shops May 22, 2023 Paul Muolo Warehouse financiers ended March with $103.0 billion of commitments on their books...Read More
Suggestion for FHLBanks: Fund Nonbanks Indirectly April 4, 2023 Dennis Hollier The Federal Home Loan Banks could help support nonbank mortgage companies by funding the warehouse lenders that fund nonbanks.Read More
Warehouse Volumes Suffer as Profitability Wanes March 14, 2023 Paul Muolo As one financier put it: “I’d estimate 20% to 25% of my lenders missed their profitability covenants"...Read More
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