Relevant:
- Sterling Bancorp Launches Mortgage Warehouse Lending Business
- BREAKING NEWS: National City (PNC) and Guaranty Bank to Exit Warehouse Lending
- National City Warehouse added to Ailing/Watch list
- PennyMac Hires Warehouse Chief From #1 Player: B of A
- Sterling Bancorp Joins the Mortgage Warehouse Lending Rejuvenation
2008-02-04 — housingwire.com
'
National Mortgage News reported Monday morning that Concord, Calif.based First Collateral Services — Citigroup’s warehouse mortgage division — will either be sold or closed, making it the latest largest bank to flee from third-party originations amid a historic downturn in mortgage banking.'
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