Firm Name Commitments 12/30/09 12/30/08 % Chng
BB&T/Colonial (1)(e) $3,200 $3,200 na
JPMorgan Chase (e) 2,00 1,500 33
Flagstar 1,523 1,085 40
National City/PNC (2) 900 1,500 (40)
ViewPoint Bank (3)(e) 600 300 100
NattyMac (e) 400 300 33
New Century Bank (3)(e) 200 60 na
Horizon Bank 196 176 11
Red Mortgage 166 129 29
Totals: 9,185 8,250 11
Notes: Results may be incomplete because several banks-including Bank of America- would not disclose their warehouse commitment figures. A percentage change figure in parentheses indicates a decline in volume. (1) BB&T inherited Colonial BancGroup's warehouse unit when it bought the insolvent bank in August 2009. BB&T already had a small warehouse group. (2) PNC is in the process of winding down NatCity's warehouse group. (3) These companies are relatively new to the warehouse sector. (E) Estimate. Source: NMN/Quarterly Data Report. Questions? E-mail Paul.Muolo@SourceMedia.com.
