Mortgage Buybacks

Browse articles from all of our Newsletters related to Mortgage Buybacks.

July 14, 2017 - Inside Mortgage Trends

Bank Mortgage Repurchases Trend Lower

Commercial banks and thrifts reported a decline in the volume of home mortgages they repurchased in the first quarter of 2017, according to an Inside Mortgage Trends analysis of call-report data. The industry repurchased, or provided other indemnification, related to $801.3 million of home mortgages during the first three months of the year. That was down 1.5 percent from the previous period. First-quarter repurchases were actually up 4.9 percent from ... [Includes one data chart]


June 9, 2017 - Inside MBS & ABS

Trustees Accept Lehman’s $2.4 Billion Offer to Settle RMBS Dispute; Wells Fargo Sues Investment Advisors

Trustees for 244 residential MBS trusts have accepted a $2.4 billion settlement offer from Lehman Brothers to resolve repurchase claims related to pre-crisis RMBS transactions that went bad. The trustees filed a notice of acceptance and a motion seeking bankruptcy court approval of the settlement on May 22. A hearing on the motion will be heard by Judge Shelley Chapman of the U.S. Bankruptcy Court for the Southern District of New York on July 6, 2017. The trustees in the settlement include...


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