Loan buybacks haven’t disappeared, but they are trending down
Housing Wire
APRIL 18, 2024
The report defines a critical defect as one that “would result in the loan being uninsurable or ineligible for sale.” He stressed that the AI system is still in development and not in general use at this point. One of the QC efforts now underway to stem agency loan repurchase demands was launched by Fannie Mae this past September.
Let's personalize your content