Warehouse Lenders Ranked by Commitments
Published October 24, 2006, 10:08 a.m. EDT
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Updated January 02, 1970, 9:08 a.m. EST
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Warehouse Lenders Ranked by Commitments
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| Published October 24, 2006 | ||||
| Commitments | ||||
| First half | Year earlier | Change | ||
| 1 | Washington Mutual Seattle | $15,241 | $16,000 | -4.70% |
| 2 | GMAC-RFC Bethesda, Md. | 15,000 | 14,300 | 4.9 |
| 3 | Deutsche Bank New York | 13,193 | NA | NA |
| 4 | Credit Suisse New York | 6,080 | 6,080 | NM |
| 5 | Guaranty Bank Dallas | 1,851 | 1,900 | -2.6 |
| 6 | National City Bank Louisville | 1,800 | 1,900 | -5.3 |
| 7 | National City Warehouse Resources Cincinnati | 1,786 | 1,950 | -8.4 |
| 8 | Flagstar Bank Jackson, Mich. | 1,253 | 1,394 | -10.1 |
| 9 | Bank of New York | 1,000 | NA | NA |
| 10 | Indymac Bank Scottsdale, Ariz. | 471 | 59 | 698.3 |
| 11 | Horizon Bank Michigan City, Ind. | 314 | 339 | -7.5 |
| 12 | Popular Warehouse Lending LLC Marlton, N.J. | 295 | 300 | -1.7 |
| 13 | Chinatrust Bank USA New York | 107 | NA | NA |
| 14 | Perferred Bank Houston | 99 | 110 | -10.5 |
Notes: Results may be incomplete because some firms would not provide warehouse commitment numbers. In total, NMN surveyed 40 firms. A commitment is an agreement to lend a mortgage banking firm a certain dollar amount. Not all commitments are drawn upon.
Source: National Mortgage News
Questions? E-mail: Paul Muolo, NMN's Executive Editor
© 2006 American Banker