Mortgage Buybacks

Browse articles from all of our Newsletters related to Mortgage Buybacks.

August 28, 2015 - Inside The GSEs

GSE Buybacks Tumble in Second Quarter of 2015

Fannie Mae and Freddie Mac reported big declines in mortgage repurchases and their inventories of unresolved buyback requests during the second quarter of 2015, according to a new Inside The GSEs analysis of disclosures filed with the Securities and Exchange Commission. Freddie reported a 19.1 percent drop in repurchases from the first to the second quarter of 2015, while Fannie’s decline was a more modest 3.9 percent. Together, the two GSEs reported $436.3 million in repurchased or indemnified loans during the second quarter, the lowest amount since Fannie, Freddie and other “securitizers” began reporting repurchase activity in early 2012. On a combined basis, Fannie and Freddie reported new lows in pending repurchases ($732.2 million) and disputed buyback requests...

August 28, 2015 - Inside Mortgage Trends

GSE Buyback Activity Slows Again in 2Q15

Mortgage sellers doing business with Fannie Mae and Freddie Mac saw a sharp decline in repurchase activity in the second quarter of 2015 as the buyback focus continued to shift toward more recent production. The two government-sponsored enterprises reported a total of $436.3 million in mortgage repurchases during the second quarter, down 11.2 percent from the previous period. It was the lowest quarterly buyback number since ... [Includes two data charts]

August 14, 2015 - Inside MBS & ABS

Appeals Court Revives FDIC Lawsuits v. MBS Issuers; NY Judge Nixes GE’s Motion for Summary Judgment

A federal appeals court in New Orleans has overturned a 2014 district court ruling, reviving two government MBS lawsuits that were initially dismissed because they were filed past the state’s established time limit. The Federal Deposit Insurance Corp.’s separate lawsuits against RBS Securities Inc., on one hand, and against Deutsche Bank and Goldman Sachs, were both filed on Aug. 17, 2012. The complaints alleged that the banks misled investors about the credit quality of the mortgage loans that backed $840 million in non-agency MBS. The district court’s decision to dismiss, however, turned on...


During the first half of 2015 all residential lenders originated a better-than-expected $805 billion of home mortgages, according to Inside Mortgage Finance. What do you expect in the second half?

Just as good. We like what we’re seeing.
Better. Applications are strong.
Worse. We’re worried about rates, seasonality.
A lot worse. The fourth quarter could be a killer.

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