At least one dozen — and perhaps more — of Ally Financial’s nonbank warehouse lending customers are searching for back-up lines of credit, fearing the government-owned lender may soon cut back, according to interviews conducted by National Mortgage News this week.

“We have received multiple inquiries and a handful of applications [from Ally customers],” said one East Coast-based warehouse executive. “The confidence level of Ally’s warehouse customers is not very high at the moment.”

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