The Good Times Keep Coming for Warehouse Lenders, But M&A Activity Weighing on Growth in Client Base
September 3, 2015
The nation’s top-ranked warehouse lenders ended the second quarter with $27.2 billion of commitments on their books, a 9.6 percent sequential increase and a handsome 43.8 percent gain from the same period a year earlier, according to survey figures compiled by Inside Mortgage Finance. The entire warehouse sector, a universe that includes roughly 60 active lenders, posted similar gains as nonbank lenders in the primary market continued to increase market share, which in turn feeds their thirst for financing an ever-increasing pipeline. “Utilization rates have been...[Includes one data table]
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