Previously, Texas Capital executives estimated the bank's mortgage finance volume would decline at a rate in the “high teens” this year, but now they're projecting a “mid-30%” decline.

As one veteran warehouse manager put it: “We’re sucking wind, like everyone else.”

The changes to the criteria were significant enough to prompt Moody’s to place five warehouse securitizations on review for possible downgrade...

Some financiers reported usage rates below 30%...

As one veteran manager characterized it: “It is what it is.”

For months now, rumors have been circulating that Signature was planning to make a big splash in warehouse finance, having hired a former Wells Fargo executive...

Last year, the depository sold its mortgage servicing portfolio — roughly $14.0 billion in MSRs — to Ocwen...

So, what’s PenFed doing in the warehouse — and correspondent — business?

One East Coast financier said his bank is seeing several 2022 line renewals at “the same level as this year” and just one reduction overall.

One of the most active warehouse providers to non-QM lenders is Silvergate Bank in La Jolla...