First Horizon Restructures Origination, Stands By Warehouse Lending
A $4.5 billion portfolio sale accompanies a shift toward core banking clients, while management reaffirms its role financing independent lenders
A $4.5 billion portfolio sale accompanies a shift toward core banking clients, while management reaffirms its role financing independent lenders
Brokers who made the transition say greater control over products, pricing, and the lending process can be worth more than a margin boost. But warehouse lines and post-closing risks require careful planning
Suggests two regulatory changes to 'fine-tune' a key asset in the mortgage finance sector.