News Topic: Warehouse lenders
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Flagstar promotes Lee Smith to head its mortgage business
The post was vacant since Kristy Fercho left to run Wells Fargo Home Loans in July. ... Read full article
California bank bets on two new markets to reverse lending slump
Sierra Bancorp in Porterville has formed dedicated lending teams in Sacramento and Greater Los Angeles in its bid to accelerate loan growth following a sluggish 2019. ... Read full article
Provident in Massachusetts buys warehouse lending business
The company acquired ResX Warehouse Lending from People's United Financial. ... Read full article
Merchants in Indiana to buy warehouse lender
Merchants has agreed to buy NattyMac, a company it has been in business with since 2014. ... Read full article
Flagstar's 2Q earnings boosted by branch, warehouse deals
The March acquisitions of a warehouse lending portfolio and eight California bank branches helped fuel a 22% increase in net income. ... Read full article
Flagstar to expand in warehouse lending by buying Santander portfolio
The Michigan company has been acquisitive lately, buying California branches and a wealth advisory firm. ... Read full article
Flagstar CEO: We're not 'just a mortgage company'
Growth outside of its residential mortgage business contributed to Flagstar Bank beating first-quarter earnings estimates, company executives said. ... Read full article
