Mortgage buybacks can vary significantly among seller/servicers because its driven by business and legal processes rather than current market dynamics.
Certain provisions of the loan originator compensation rule such as those having to do with record retention, anti-steering and compliance and procedures kick in January of 2014.
Despite growth in the non-agency jumbo market, primary market lenders remain focused on production that they can safely securitize through the GSEs and Ginnie Mae.