Mortgage defects remain on the rise: ACESThe mortgage defect rate reached 1.81% in Q2 2024, continuing an upward trend driven by income and employment data issues.
More loan buybacks from Freddie Mac are raising eyebrowsFreddie Mac mortgage repurchases rose by 29.1% in Q2 2024, contrasting with a decline in Fannie Mae repurchases.
Mortgage defects remain on the rise: ACESThe mortgage defect rate reached 1.81% in Q2 2024, continuing an upward trend driven by income and employment data issues.
More loan buybacks from Freddie Mac are raising eyebrowsFreddie Mac mortgage repurchases rose by 29.1% in Q2 2024, contrasting with a decline in Fannie Mae repurchases.