Fannie Mae and Freddie Mac reported big declines in mortgage repurchases and their inventories of unresolved buyback requests during the second quarter of 2015, according to a new Inside The GSEs analysis of disclosures filed with the Securities and Exchange Commission. Freddie reported a 19.1 percent drop in repurchases from the first to the second quarter of 2015, while Fannie’s decline was a more modest 3.9 percent. Together, the two GSEs reported $436.3 million in repurchased or indemnified loans during the second quarter, the lowest amount since Fannie, Freddie and other “securitizers” began reporting repurchase activity in early 2012. On a combined basis, Fannie and Freddie reported new lows in pending repurchases ($732.2 million) and disputed buyback requests...