Lenders must address repurchase risk before they go bustLenders are managing operational pressures through workforce reductions, but this strategy creates risks related to capacity and mistakes in the mortgage process.
No undue risk! Freddie Mac's Sonu Mittal on new buyback remedy, appraisal waiver extensionsThe significance of loan buybacks varies by perspective; Freddie Mac experiences a decrease in requests but increase in repurchase amounts suggests complexity.
Lenders must address repurchase risk before they go bustLenders are managing operational pressures through workforce reductions, but this strategy creates risks related to capacity and mistakes in the mortgage process.
No undue risk! Freddie Mac's Sonu Mittal on new buyback remedy, appraisal waiver extensionsThe significance of loan buybacks varies by perspective; Freddie Mac experiences a decrease in requests but increase in repurchase amounts suggests complexity.