Warehouse lenders

Competition between fintech, marketplace and traditional mortgage lenders often focuses on borrower-facing automation and other technology. What gets overlooked is how differences in their funding sources create another area of competition.

Three executives from Vanguard Funding are facing fraud charges related to their alleged misuse of nearly $9 million in warehouse lending funds.

Redwood Trust is raising $225 million in a debt offering with the proceeds to be used to repay borrowings that come due next year.

Borrowers with variable-rate debt affected by Federal Reserve rate hikes showed they could handle December's 25-basis-point increase, but that could be changing as short-term rates continue to rise.

Home Point Financial Corp. has formed an Institutions Group to bring the correspondent, capital markets and warehouse lending teams under one umbrella.

Growth outside of its residential mortgage business contributed to Flagstar Bank beating first-quarter earnings estimates, company executives said.

Deutsche Bank is finding that there just isn't enough soured U.S. mortgage debt anymore.

High origination volume and increased nonbank participation fueled another banner year for warehouse lenders, according to The Reynolds Group.

Home Point Financial Corp. will buy Stonegate Mortgage Corp. in an all-cash deal valued at roughly $211 million.

Seattle-based online real estate brokerage Redfin is creating a mortgage bank subsidiary in a bid to offer end-to-end real estate services.

Jefferies Group has added a third lender to its latest securitization of a mortgage warehouse facility.

BankUnited said that its fourth-quarter earnings increased 12% from the same period in 2015, to $63.3 million, as strong gains in interest income more than offset rising expenses and a sharply lower gain on sales of loans.

Origin Bank in Addison, Texas, has begun offering warehouse financing for electronic mortgages.

Ginnie Mae, at the urging of the mortgage industry, has revised the wording of the acknowledgment agreements necessary to finance servicing rights. It hopes the move improves Ginnie MSRs' liquidity.

Radius Financial Group worked for years to achieve an end-to-end digital closing process, finally doing so this fall. Here's how the Massachusetts lender got it done.

The surge in mortgage rates since the November election is expected to offset the increase to lenders' short-term funding costs following the Federal Open Markets Committee's 25-basis-point increase to the federal funds rate.

The rise of digital mortgages and increasing lender consolidation are just two reasons mortgage brokers should make the transition to mortgage banking sooner rather than later.

Real estate franchisor Re/Max Holdings is getting into the mortgage brokering franchise business with its new unit Motto Mortgage.

Comerica is gaining momentum after a rough start to 2016.

Impac Mortgage Holdings has released the pricing of an upcoming follow-on stock offering.