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August 29, 2014

FHFA IG: Freddie Mac Could Save Millions by Reviewing More Servicer Claims

By Charles Wisniowski

In 2013, Freddie Mac reimbursed its servicers $1.4 billion but identified and denied $126 million in what the IG calls “erroneous” claims.

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With originations expected to drop in 2018, will your shop turn to non-QM/non-prime mortgage products as a way to bolster volumes?

Yes, definitely. We’re planning a launch.
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Maybe. It’s under consideration.
Not now. But things could change as 2018 progresses.

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