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...

Warehouse lenders ended the third quarter of 2017 with an estimated $67.0 billion of commit-ments on their books, a 4.7 percent sequential gain and a sign that nonbanks are continuing to search for liquidity – even if they’re not ready to tap it right away.

Guild Mortgage, San Diego, has expanded its presence in the Midwest...

With just over 4.5 million mortgage borrowers potentially affected by hurricanes Harvey and Irma, a secondary market is beginning to develop for mortgages that were originated and closed prior to the storm – but had not yet been placed into a security. According to bidders in the market, the early action focuses on loans that are “stuck” on warehouse lines. But the mortgages cannot be securitized until the property (if damaged) can be brought up to code and re-inspected ...

Overall, hackers stole financial information on roughly 140 million American consumers…

The Mortgage Bankers Association is projecting that more than 4,600 residential finance professionals will attend its annual convention in Denver next month.

“A number of companies are expanding the lines they need,” said Larry Charbonneau. “I’ve been doing a number of reviews for warehouse banks lately. Volume is definitely picking up.”