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Home » Store » GSEs » GSEs Report Dramatic Increase in Total 2013 Buyback Settlements

GSEs Report Dramatic Increase in Total 2013 Buyback Settlements

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GSEs

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Fannie Mae and Freddie Mac in 2013 wrapped up most of the massive amount of repurchase demands they made on legacy loans originated before 2008, but the GSEs are looking more closely at new production and, increasingly, servicer performance. Together, Fannie and Freddie reported a total of $37.87 billion in mortgage repurchases and other settlements of buyback claims, which typically means the lender indemnified the GSE for its losses.
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