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Home » Store » News » Open Dialogue, Willingness to Compromise is Key in Dealing with Investor Losses, Buybacks, Experts Say

Open Dialogue, Willingness to Compromise is Key in Dealing with Investor Losses, Buybacks, Experts Say

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Transparency, investor access to information and a willingness to engage in loss mitigation can help reduce the wave of litigation and investor losses resulting from repurchase demands, according to mortgage litigation experts. There’s a better alternative to fighting out buyback claims in court: all counterparties should sit down and find ways to resolve issues that trigger repurchase claims in an open and forthright manner, said panelists on a webinar hosted by Inside Mortgage Finance Publications. “We have to work together because the country is hurting and the longer this drags on, the bigger the problem is going...
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