Direct Federal TARP Funding for Warehouse Line Lending a ‘Frontline’ Approach to the Mortgage Industry’s Liquidity Issues
DENVER, Colo. (SEND2PRESS NEWSWIRE) — Extending TARP funds to bolster mortgage warehouse line lending capacity will ease frontline liquidity challenges as lowering interest rates motivate solid, low risk borrowers to seek new or refinanced mortgages, and allows lenders to deliver high quality investment grade mortgages to the market, according to the blog published by the founder and chief executive for Titan Lenders Corp., a U.S. outsource services provider to mortgage lenders.