Loan Think

What We're Hearing

With the warehouse lending crisis accelerating mortgage bankers are looking at all their potential options. One advisor to the Mortgage Bankers Association is floating the idea of allowing the 12 regional Federal Home Loan Banks to buy participations in warehouse lines made to non-banks. MBA supposedly has talked to the Federal Housing Finance Agency about the FHLBs and warehouse lending. The GSE regulator, said one official, is aware of the magnitude of the warehouse crisis…

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