Some Uncertainty on Warehouse Financing for Nonbanks June 12, 2024 Paul Muolo The big question, according to some of JPMorgan's warehouse competitors, is how many of Flagstar's customers will stay with the megabank.Read More
Alabama Nonbank Files for Bankruptcy June 4, 2024 Paul Muolo Flagstar, which recently sold a chunk of its warehouse business to JPMorgan Chase, is one of Hometown's largest creditors...Read More
NYCB Selling Flagstar’s Warehouse Loans to Chase May 15, 2024 Paul Muolo The sale effectively takes Flagstar out of the warehouse lending arena.Read More
Part of Texas Capital's Warehouse Lawsuit Against GNMA Can Proceed April 15, 2024 Monica Hogan In January, Ginnie filed a motion to dismiss Texas Capital's lawsuit, but...Read More
City National Throws Down Its Marker on MSR Loans April 8, 2024 Paul Muolo A rebound could be afoot for MSR loans...Read More
Warehouse Commitments to IMBs Keep Falling March 18, 2024 Paul Muolo Usage rates have been weak, but are increasing as the spring homebuying season gets underway...Read More
Cash Infusion, New Leadership at NYCB March 7, 2024 Brandon Ivey New York Community Bancorp has its third CEO in less than two weeks.Read More
A Change in FoA’s Borrowing Facility February 5, 2024 Paul Muolo In a few months, Finance of America will be paying 15% on one of its borrowing lines...Read More
Warehouse Lenders Looking for Lower Interest Rates January 31, 2024 Paul Muolo and Brandon Ivey One chief concern: Warehouse borrowing covenants have been breached.Read More
Warehouse Lender Sees Tough Times Ahead January 19, 2024 Brandon Ivey "Our expectation remains that the next quarter will be amongst the toughest the industry has seen in the last 15 years," said Matt Scurlock, a managing director and chief financial officer at Texas Capital Bank.Read More
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