New Warehouse, Correspondent Lender May Emerge

New Warehouse, Correspondent Lender May Emerge: "As the credit crisis was in full swing, warehouse lending capacity tumbled 85 percent -- from $200 billion in 2007 to around $20 billion in 2008, according to industry data. But just as warehouse lenders had exited the market in 2008, new players expanded or emerged in 2009. The latest to do so was MetLife Home Loans -- which told MortgageDaily.com that it is exploring entering warehouse lending and corresondent lending."