MWN

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Banks Network for Warehouse Facilities

May 13, 2009By

Mid-size banks have a new advocate in warehouse lending, even after large retail lenders cut down on facilities or completely exit the space. Lending solution provider Mortgage Warehouse Network (MWN) launched a platform offering banks the connections needed to establish and maintain a warehouse  facility without creating a separate bank division to manage the lines. Warehouse lines allow banks to generate profit on short-term investments while simultaneously offering the industry needed access to funding for single-family mortgages.

3d rendering of a row of luxury townhouses along a street

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