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Volume 14 - Number 1

January 10, 2014

GSEs Rush to Resolve Repurchase Demands With Year-End Deals

Fannie Mae and Freddie Mac rushed to wrap up their legacy loan issues as 2013 wound to a close with multiple announcements of buyback settlements tied to loans originated prior to 2009. On Dec. 30, Fannie announced a $591 million agreement with Wells Fargo to resolve repurchase requests on certain loans originated prior to 2009.

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This biweekly covers the housing-related government-sponsored enterprises with experienced, expert analysis.

 

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The year is almost 75% done. How is mortgage origination volume at your shop?

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