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

Tag Archives: Government Sponsored Enterprise

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… Continue Reading

Would White House Proposed Refinancing Program Really Help Housing?

The Obama Administration unveiled details today of a broad refinancing program affecting non- Government Sponsored Enterprise (GSE) residential mortgage loans, which program was first announced by the President in his State of the Union address last month. Under the refinancing program, which requires congressional approval, borrowers with qualifying non-GSE mortgages who are current on their… Continue Reading