Sterling Bancorp recently reached a $12.5 million settlement for allegedly violating the Securities Act. The company is now ready to turn the page on its non-agency past.

After an anomalous spike in the third quarter, bank repurchase volumes returned to normal levels in the final three months of 2020. (Includes data chart.)

Repurchases were up in the fourth quarter of 2020, with Freddie still representing a disproportionate share of the action. Most claims are resolved without a buyback. (Includes three data charts.)

Commercial banks and thrifts reported over $1 billion of mortgage repurchases during the third quarter. (Includes data chart.)

Freddie continued to account for most GSE repurchase activity in the third quarter, but buybacks remained at historically low levels. (Includes three data charts.)

Bank mortgage repurchases are on track to set a new annual low in 2020. (Includes data chart.)

Bank home-mortgage repurchases totaled just $372.6 million in the first quarter of 2020, the second-lowest total on record. (Includes data chart.)

Mortgage REITs came back from the brink this week, but the sector is not out of the woods quite yet. Thanks to the coronavirus, financial uncertainty remains the watchword.

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.