Relevant:
2010-04-19 — prweb.com
"First California Mortgage Company (First Cal) has confirmed that it has been chosen as the pilot lender for the recently announced warehouse initiative between Fannie Mae and Guggenheim Partners’ mortgage warehouse operations company, NattyMac. Fannie Mae pledged its support as part of its recently-announced warehouse lending pilot to provide $1 billion in liquidity to non-bank lenders, and First Cal has secured $50 million in new warehouse funding through this program. The added credit capacity will enable First Cal to fund an additional 5,000 home loans this year and more than triple its 2009 production."
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