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Home » Store » News » GSEs Stress Ways Lenders Can Prevent Buybacks

GSEs Stress Ways Lenders Can Prevent Buybacks

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Repurchase requests on new production are few and far between, according to the government-sponsored enterprises. Fannie Mae and Freddie Mac both recently issued reviews of their quality control processes, noting that lenders have plenty of tools to help ensure loan quality and avoid buybacks. Carlos Perez, a senior vice president and chief credit officer for single-family business at Fannie, said that as of the end of 2014, 0.33 percent of the single-family ...
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