Warehouse Finance: An Opportunity From an Exit December 11, 2023 Paul Muolo Comerica's exit is Wintrust's opportunity...Read More
More Pain for Warehouse Financiers December 4, 2023 Paul Muolo Over the past year, a handful of banks have exited the warehouse finance sector, including Comerica and Fifth Third.Read More
Flagstar Sues Mortgage Lender Over Unpaid Warehouse Lines November 28, 2023 Paul Muolo According to the lawsuit, Hometown Lenders owes Flagstar Bank roughly $21 million from unpaid warehouse lines.Read More
Short Takes: MI Exempt From SEC Rule / BofA Providing Financing to Rocket / Blend Scales Back Financing / Climate Risk and Inequality November 28, 2023 Brandon Ivey and Paul Muolo Mortgage insurance linked notes will be exempt from a rule the SEC issued Monday on conflicts of interest in securitizations.Read More
More Departures From the Warehouse Lending Arena November 6, 2023 Paul Muolo Peter Koh, an SVP at BoH, pinned the bank's exit from mortgage lending on market conditions.Read More
Originations Increase at Western Alliance, Margins Shrink October 20, 2023 Brandon Ivey Volume up, margins down.Read More
Bank Capital Requirement Proposal Would Squeeze Nonbanks September 22, 2023 Brandon Ivey There's an interplay between how the proposal would impact larger banks and the effects on nonbank mortgage companies.Read More
Warehouse Commitments Sag. Fear About Additional Exits... September 11, 2023 Paul Muolo Among those hanging up their warehouse spurs: Comerica Bank, which has been in the business for several decades...Read More
Communication Between Nonbanks, Warehouse Lenders Key July 11, 2023 James Dohnert If mortgage providers struggle to meet covenant terms, warehouse banks advise early and honest communication before any violations occur.Read More
Another Warehouse Financier Calls It Quits July 5, 2023 Paul Muolo Fifth Third began building its new warehouse lending business during 2021 when originations were still booming...Read More
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