The integration of Freddie’s new Quality Control Advisor Plus, its performing loan repurchase alternative pilot and its Income Calculator is expected to reduce loan defect levels and lower costs for lenders.

Most of the repurchase activity in the second quarter involved loans sold to the GSEs in 2024, which is shaping up to be a pristine vintage. (Includes three data tables.)

Seller buybacks of defective loans declined in the first quarter of 2025, and the GSEs also reported an increase in withdrawn claims. The pipeline of unresolved cases was up. (Includes three data tables.)