Currently Active Warehouse Lines
Warehouse Lenders – Active TAKING APPLICATIONS: COMERICA - minimum net worth of $5MM. Very selective with little pull through. FIRST TENNESSEE- minimum net worth of $500K. Very selective with little...
View ArticleWarehouse Lending Update: Chase Stays in the Mix
Chase Changes Its Mind, Will Stay in WarehouseNational Mortgage News (05/11/09) Vol. 33, No. 32, P. 1; Muolo, Paul “JPMorgan Chase has decided not to exit the warehouse lending business after all but...
View ArticleSigns of Life for Warehouse Lending?
One of the “big boys” is finally coming to the table with the use of TARP funds for warehouse line lending! As of the second quarter, Citigroup has supposedly set aside $2B for this initiative. The...
View ArticleWarehouse Lending Update – Active Warehouse Lines at Southwest Securities and...
Ruth Lee Here comes the rain!!! Even if its starting as a sprinkle. In these past months, with rates not as aggressive and seasonal dips in refinance and home purchase demand, there has definitely...
View Article$500K Net Worth: Can I get a warehouse line?
by: Ruth Lee I am asked this question a lot. And frankly, there are very few credible options for a small cap mortgage banker to find a non-captive line. A bright spot in the market is GBC Funding...
View ArticleNexBank Dallas Launches $100 Million Warehouse Lending Division
NexBank of Dallas’ launch of a $100 million mortgage warehouse lending division, offering lines of credit of up to $10 million to non-depositories, illustrates the evolving relationship between...
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