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News About Repurchase

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Lead Management Lacking in Many LOS Systems - Recent LOS reports, integrations...
The share which considered audit trail tools that help in responding to repurchase requests highly effective was only 22 percent, and just 21 percent said integrated third-party
www.mortgagedaily.com/stories/Los100917.asp
 
Freddie Securitizing Jumbo Mortgages - Deal includes 661 loans | July 14, 2016...
Freddie is providing representations and warranties for the loans and will be the only party that the trust can seek repurchases from. Freddie Mac profile next story back to
www.mortgagedaily.com/stories/JumboMbs071416.asp
 
CFPB Addresses Industry's TRID Concerns - Cordray issues letter to MBA | Dec. 30, ...
The remedies that won't be sought include repurchases. Cordray explained that a corrected Closing Disclosure can be issued after closing to correct non-numerical clerical errors.
www.mortgagedaily.com/stories/CfpbTrid123015.asp
 
LOS Providers Address TRID - Recent LOS enhancements | July 20, 2015 | Mortgage...
Picard was quoted in the recent announcement as saying that the credit union has had no repurchase demands since implementation. In West Palm Beach, Florida, OpenClose recently
www.mortgagedaily.com/stories/Los072015.asp
 
Over $1 Billion In Agency MSRs For Sale - MSRs on Fannie, Ginnie loans up for bid ...
income without taking on counterparty/repurchase risk." Portfolio bids are due by Oct. 29. Calls can be made to 303.633.4700. Fannie Mae profile | Ginnie Mae profile next story
www.mortgagedaily.com/stories/MsrSales102214.asp
 
Agencies, Regulators Missed Taylor Bean Red Flags - FHFA OIG issues report | Aug. ...
Bean's condition, an inability to meet repurchase demands and that it planned $300 ... even as it didn't meet its repurchase obligations. The OIG recommends that the GSEs
www.mortgagedaily.com/stories/GseTbw082614.asp
 
PennyMac Secures $500 Million Facility - Funding will be used to for loans...
Moorpark, Calif.-based firm entered into a master repurchase agreement on Feb. 21 to sell, and later repurchase, residential loans and mortgage assets. The deal is being done
www.mortgagedaily.com/PennyMacLine022514.asp
 
Seller-Servicers Face More Rigid Repurchase Late Fees - Report finds GSEs too lax ...
But when it comes to aged repurchase demands, each government- ... sellers weren't resolving repurchase demands in a timely ... uncollected late fees on repurchase claims included in the
www.mortgagedaily.com/RepurchasesGses021314.asp
 
Huge Loss for PHH Mortgage - Q4 originations sink 36% from Q3 | Feb. 12, 2014...
As of the end of last year, $191 million in repurchase and indemnification demands were unresolved. It was the highest level since the end of 2012, when $213 million in demands
www.mortgagedaily.com/PhhProduction021214.asp
 
GSE Appraisals Criticized - Report calls for more FHFA oversight of UCDP...
repurchased) for not meeting their standards," the report said. The OIG noted that the UCDP process was a significant departure from how appraisal information had previously been
www.mortgagedaily.com/GseAppraisals020614.asp
 
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