Freddie repurchase activity continued to be disproportionately high in the third quarter, though GSE buybacks and the pipeline of unresolved cases fell slightly. (Includes two data charts.)

Seller repurchases of Fannie/Freddie loans rose 17% from the first to the second quarter, with 82% of them related to loans securitized in 2018 and 2019.

Lender buybacks of Fannie and Freddie mortgages remained at microscopic levels in early 2019, although there was a sharp increase in the pipeline of unresolved repurchase demands.

Mortgage repurchases by banks and thrifts fell to $2.29 billion in 2018, the lowest annual total since institutions began reporting this activity on quarterly call reports in 2007. It would have been a lot lower without Bank of America. [Includes one data chart]

Mortgage lenders that deliver loans into Fannie Mae and Freddie Mac mortgage-backed securities continued to face relatively few repurchase demands from the two government-sponsored enterprises last year. [Includes two data charts.]

Mortgage repurchases by banks and thrifts took an unexpected turn higher in the third quarter of 2018, according to an Inside Mortgage Trends analysis of call report data. The banking industry reported $585.5 million in residential mortgage repurchases or indemnifications during the July-September cycle, a 38.5 percent spike from the previous quarter. The long-term trend still holds to a downward path. Year-to-date, banks and thrifts ... [Includes one data chart]