Viewpoint Bank, Plano, Texas ended the year with $1.15 billion of warehouse commitments on its books, a 53% gain over 12 months.
According to a preliminary ranking of warehouse providers for 4Q compiled by National Mortgage News, the Texas-based bank ranks eighth nationwide.
Of the $1.15 billion in commitments, roughly $800 million were considered outstanding at December 31, giving it a usage rate of about 70%.
The week of March 12 NMN will publish its final 4Q ranking of warehouse providers. Another firm that posted strong fourth quarter results is First Tennessee Bank, which ended the year with $2.4 billion of commitments, a 14% gain from yearend 2010.
First Tennessee has 140 different nonbank clients, compared to 125 a year earlier.
Many regional banks that are active in the space are seeing an increase in business thanks to a continued strong refi market, and Bank of America slashing its presence in the warehouse sector.
