One manager criticized number-two ranked warehouse provider Texas Capital for the discounts the bank is offering, calling it “the talk of the warehouse community.”
Then again, maybe needing a CEO is overblown. James Fenkner, a GSE shareholder, told Inside Mortgage Finance: “It is not that the CEOs are paid too little…”
JPMorgan is the parent company of the nation’s second largest residential lender, Chase. Trump last decade started a small mortgage brokerage operation in Long Island and then killed it...
Silvergate Bank is actively providing warehouse lines of credit to non-QM lenders and we understand that Comerica is now sticking its toe in the water…