Warehouse Commitments Strong in Third Quarter 2012, Mini-Syndications See Revival
December 20, 2012
Warehouse commitment volumes remained strong in the third quarter as nonbanks continued to need credit to meet the surging demand for refinancing, according to new survey figures compiled by Inside Mortgage Finance. The strong showing was hardly surprising, but several warehouse executives noted one new trend: a small revival in syndicated warehouse lines where several banks participate in the credit. A year ago there were...