Mortgage Profitability, Earnings and Repurchase Activity

Bank Mortgage Repurchase Activity

Ranking of top banks by repurchase volume. Columns include quarterly and YTD figures, and yearly change.

2011 Data

2010 Data

Poll

Are current mortgage underwriting standards too tough?

Yes, they don’t reflect current market conditions and need to be adjusted to allow borrowers with below 700 FICO scores and smaller downpayments to qualify for mortgages.
Yes, and something needs to be done to significantly reduce repurchase or buyback risk so that lenders don’t apply even tougher underwriting overlays.
No, the standards are appropriate given current risks and the major default problems the mortgage market has experienced over the past several years.

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Housing Pulse