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December 15, 2014

GSE Seller/Servicer Buybacks Hit Post-Crash Low; Banks Over-Reserving?

By John Bancroft

As of September 30, banks and thrifts held $15.50 billion in repurchase reserves, most of it tied to Fannie/Freddie loans.

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Poll

With the spring homebuying season in full swing, what percentage of your March 2017 application volume has been for “purchase” loans?

75% or higher
50% to 74%
30% to 49%
Under 30%

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