Skip to content
  • Sign In
  • Create Account
  • Sign Out
  • My Account
Cart
  • Inside Mortgage Finance
  • MBS & ABS
  • The GSEs
  • The CFPB
  • Mortgage Trends
  • FHA/VA Lending
  • Nonconforming Markets
  • Data
    • Subscribe to Data
Home » Bayview Forced to Repurchase Securitized Loans After Executive Altered Loans to Pump Up Commissions
Looking to read the full article? Register for free access to IMFnews content today!

Bayview Forced to Repurchase Securitized Loans After Executive Altered Loans to Pump Up Commissions

July 28, 2006
Bayview Financial officials are scrambling to soothe the uneasiness on Wall Street after it reported that one of its executives falsified loan information for several years. The unidentified managing director and limited partner faked credit data in order to sweeten his commissions, the company said “Approximately 3 percent of the loans included in our outstanding securitizations of residential mortgage loans showed evidence of altered data,” Chief Operating Officer David Quint stated in a re-cent prerecorded message to investors that was posted on the firm’s Web site...
Purchase this article for $50.00
Subscribe To The Newsletter

Latest Imf News

  • UWM to Acquire Two Harbors, Eyeing Servicing

  • Mortgage Broker Jobs Increase in October; Others Decline

  • New Freddie CEO Out of Retirement After Long Term at Deloitte

  • Lennar’s Average Sale Price for New Homes Dropping

More Imf News

Featured Data

  • Non-Agency Jumbo Originations Slow in Third Quarter

  • Jumbo Servicing Volume Slightly Down in Third Quarter

  • Refis Lift Agency MBS to Three-Year High in November

  • Broker Channel Regains Some Share in Third Quarter

More Featured Data

Featured Reports

  • Agency Seller-Issuer Profile: 3Q25 (PDF)

  • Lender Profiles 2Q25: Top 25 (PDF)

  • GSE Repurchase Activity: Cumulative to Second Quarter 2025 (PDF Format)

  • Mortgage Profitability Report 2Q25 (PDF)

More Latest Reports

Featured Poll

As homeowner equity continues to build, more and more lenders are launching home equity lending products. Are you thinking of joining this market?

View Results
  • About
    • About Inside Mortgage Finance
    • Contact Us
    • Advertising
    • Privacy Policy/Terms
    • Article Reprints/Web Postings
    • Copyright FAQ
  • Customer Center
    • Subscribe
    • Request a Sample
    • Account Inquiries
    • Change of Address
    • Change of Delivery Method
    • Data Licensing
    • Password Reminder
    • Group Subscriptions
    • Refunds
    • Renew Your Subscription
    • E-mail Newsletters
  • Mortgage Data
    • Origination
    • Servicing and Portfolios
    • Mortgage Insurance
    • Securitization
    • Agency MBS Activity
    • Non-Agency MBS Activity
    • MBS Investor Activity
    • ABS Activity
    • Commercial MBS Activity
    • Funding Activity
    • Earnings and Financials
    • Regulatory Data
    • Mortgage Rates and Terms
    • Subscribe to Data
    • Lender Profiles
    • HMDA Dashboard
    • Contacts Directory
    • Custom Data
    • Data Licensing
  • Reports
    • Data Reports
    • Industry Studies
    • Regulatory Reports
    • Statistical Annual
    • Free Reports

© Copyright 2025 Inside Mortgage Finance Publications
Design, CMS, Hosting & Web Development :: ePublishing