Loan Think

Warehouse Sector Perking Up?

National Mortgage News is still adding up warehouse results for the third quarter, but one thing seems clear: lines of credit are up compared to both 2Q of this year and 3Q 2010. Also, there is a new willingness on the part of firms to disclose their commitment volumes. (We thank you.) It should be pointed out that BB&T, in particular, is showing strong gains. Meanwhile, all eyes are on Bank of America, which is transferring its warehouse group to its Merrill Lynch affiliate. As reported by NMN late last week, the bank is shedding some nonbank customers but hopes to retain a majority of its client base. How much of that majority? It won't say…

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