The nation’s warehouse providers ended the first quarter with $63.0 billion of commitments on their books, a slight decline from yearend and a gain compared to March 2017, but the numbers mask some of the pain being felt in the sector. [Includes one data chart.]

One consultant said he’s conducted 14 warehouse reviews on lenders this year with 11 of them turning a profit and three losing money.

Rep. Waters wants CFPB acting director Mulvaney to turn over documents regarding meetings he's had with the industry...

Radian's mortgage and real estate services division – which includes due diligence provider The Clayton Group – continues to struggle...

With rates rising steadily since late last year and refinancing growing scarce, nonbanks are now experiencing weak origination volumes…

Warehouse providers ended 2017 with an estimated $67.0 billion of commitments on their books, flat compared to the prior quarter and a sign that growth in the sector, at least for now, is taking a respite in the wake of higher interest rates.

Flagstar Bancorp agreed Tuesday to buy the mortgage warehouse loan portfolio from Santander Bank. The deal will make Flagstar the fourth largest warehouse loan provider by commitments.

Redwood: “We will offer new ways for these [nonbank] sellers to optimize their capital bases…”

Overall, consultant Larry Charbonneau described warehouse lending as “still a great business.”

A handful of warehouse managers told IMFnews that a head-hunter hired by CapLoc contacted them about running the firm's warehouse initiative...