Tag Archives: warehouse lending

Mortgage brokers warned of warehouse lending scammers

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Victims have been cheated out of hundreds of thousands of dollars overnight, with imposters also gaining access to borrowers’ sensitive personal information. Continue reading →

Flagstar exiting warehouse business to bolster parent NYCB

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JPMorgan Chase Bank has agreed to buy about $5 billion in mortgage warehouse loans from NYCB. Flagstar will continue retail and wholesale mortgage lending and servicing operations. Continue reading →