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Mortgage Crisis Watch Business and legal issues affecting: loan repurchases | mortgage-backed securities | mortgage insurance

Are Mortgage Repurchase Demands a Case of Revisionist History?

As we noted in a previous blog post, we believe that big aggregators of residential mortgage loans are attempting to revise history when they claim that they believed all along that all risk of borrower misrepresentations fell on correspondents.

We expand on this idea, and comment further on repurchase claims generally, in the article that we authored for The Scotsman’s Guide.