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Home » Store » Inside Mortgage Trends » Tight Underwriting Limiting GSE Repurchases

Tight Underwriting Limiting GSE Repurchases

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Inside Mortgage Trends

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In the years after the financial crisis, lenders have tried to limit the amount of repurchase demands from the government-sponsored enterprises by tightening underwriting requirements, according to an analysis by the Urban Institute’s Housing Finance Policy Center. The HFPC noted that the percentage of mortgages that Fannie Mae and Freddie Mac have put back to lenders due to violations of representations and warranties for originations in recent years ...
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