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Home » Store » News » Warehouse Lending Takes One Step Forward, One Step Back as Industry Struggles to Rebuild Capacity

Warehouse Lending Takes One Step Forward, One Step Back as Industry Struggles to Rebuild Capacity

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Citigroup this week indicated it is joining the likes of GMAC and Wells Fargo and entering a warehouse lending market that’s been depleted by the withdrawal of PNC Financial Services Group earlier this year and the increasingly dicey prospects at Colonial BancGroup, which faces the possibility of being placed into receivership. Citi, in a report on its use of the money received...
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