Second Amended Disclosure Statement - United States Bankruptcy ...
announced that it has discontinued its mortgage warehouse lending . Warehouse Lenders required First Magnus to contribute a haircut to fund loans in .
http://www.azb.uscourts.gov/Documents/4-07-bk-01578_1064_Main.pdf

Home Affordable Refinance

IN THE UNITED STATES BANKRUPTCY COURT - Delaware ...
the line of credit used to fund the mortgage loan is repaid to the Warehouse Lender and the haircut is returned to the Debtors. 13. ?rior to repayment, the .
http://delawarebankruptcy.foxrothschild.com/uploads/file/New%20Century%20Affidavit.pdf

Warehouse line of credit - Wikipedia, the free encyclopedia
A warehouse line of credit is a credit line used by mortgage bankers. . Also warehouse lenders typically apply a 'haircut' to credit line advances meaning that .
http://en.wikipedia.org/wiki/Warehouse_line_of_credit

Active Warehouse Lines
Aug 13, 2012 . NexBank of Dallas' launch of a $100 million mortgage warehouse . documentation requirements and up to 100% funding – no haircuts.
http://titanlenderscorp.com/blog/category/active-warehouse-lines/

Highlights

• Haircut Analysis - MIAC Analytics - Mortgage Industry Advisory ...
  Apr 14, 2010 . Haircut Analysis - What Are a Bank's Loans REALLY Worth When The . the CP ( “Commercial Paper”) conduits and other “warehouse” lenders, .
  http://www.miacanalytics.com/aboutmiacperspective/Haircut_Analysis.html

• A solution for borrowers with LTVs above 80 percent who currently may not be able to refinance because of existing MI coverage requirements

• What types of Warehouse Lines are there? - Mortgage Banking ...
  The MBSD Group offers information on warehouse lines of credit, mortgage broker . Most of these warehouse line have a 1 to 5% haircut that requires you to .
  http://www.mortgagebankingsolutions.com/warehouse_lines_of_credit_types.html

Home Affordable Modification

Warehouse Lending
Funded Over $100 Billion in Residential Mortgages . Obtain a warehouse line and become a mortgage banker; Become a net branch of a . What is a haircut?
http://www.mortgagebankers.org/files/Conferences/presentations/91st_annual/WarehouseLending.ppt.ppt

IN THE UNITED STATES BANKRUPTCY COURT FOR THE ...
originating, acquiring, securitizing and servicing residential mortgage loans. 9. . the loan applies that haircut percentage against the value of the security to . through various warehouse lending facilities including: (i) that certain Master .
http://www.lowenstein.com/files/Uploads/Documents/CapitalMarkets/JP%20Morgan%20Citi%20UBS.PDF

• Are not subject to a Fannie Mae's credit loss guarantee; and

• Mortgage Banking Law
  Jul 2, 2008 . This amount that is less than 100% is: the Haircut. The mortgage banker always gets a haircut. So warehouse lender will provide $85k of the .
  http://www.scribd.com/doc/3769139/Mortgage-Banking-Law

Mortgage Warehouse Lending Is Safer Than Many Bankers Think ...
May 1, 2012 . It's Cheaper to Build than Buy a Mortgage Warehouse Lender . $4,000, as the " haircut" on the loan that the mortgage banker supplied is 2%.
http://www.americanbanker.com/bankthink/mortgage-warehouse-financing-asset-based-lending-1048891-1.html

Warehouse Lending Project - WAREHOUSE LENDING BASICS
Warehouse lending is a commercial line of credit provided to a mortgage banking . Advance rate – Warehouse lenders typically apply a “haircut” to line .
http://warehouselendingproject.com/warehouse_lending_basics

Second Lien Modification Program (2MP)

eWarehouse Lending
For Mortgages in Transit from the Lender to the Secondary Market Investor. For the Duration . Purchase Proceeds - Investor Remits Directly to the Warehouse. Residual . Haircuts And Cash Buy-Downs Due To Reduced Cycle Time. ? Lower .
http://www.mortgagebankers.org/files/Conferences/2011/Tech/Tech11eWarehouseLendingMar29.pdf

Calculated Risk: Warehouse Lender Acting "Irrationally"
Feb 16, 2007 . A credit crunch in the market for low-end mortgages has left companies . Some are now asking subprime specialists for bigger haircuts, putting .
http://www.calculatedriskblog.com/2007/02/warehouse-lender-acting-irrationally.html

Calculated Risk: Mortgage Origination Channels for UberNerds
Sep 7, 2007 . As loans are made, they are funded with warehouse money with some kind of haircut (meaning that mortgage bankers have to have some .
http://www.calculatedriskblog.com/2007/09/mortgage-origination-channels-for.html

Developments in Mortgage Warehouse Financing Mortgage - Docstoc
Feb 18, 2010 . Developments in Mortgage Warehouse Financing Mortgage Bankers . Haircuts can be larger than other executions if lines aren't fully utilized .
http://www.docstoc.com/docs/25836527/Developments-in-Mortgage-Warehouse-Financing-Mortgage-Bankers-Association-of-America-National-Secondary-Market-Confere

Summary of IMPAC MORTGAGE HOLDINGS INC - Yahoo! Finance
May 15, 2012 . Show all filings for IMPAC MORTGAGE HOLDINGS INC | Request a Trial to NEW . In April and May 2012, two of the Company's warehouse lenders . repaid once the loan is sold as well as cash to fund associated haircuts.
http://biz.yahoo.com/e/120515/imh10-q.html