Freddie Mac Plans Fee-Based Repurchase Alternative for Performing Loans

January 02, 2024

MBA Newslink

Freddie Mac is planning a pilot program that could replace the current way of seeking repurchases for performing loans with origination defects using a fee-based structure that could be more efficient and transparent and would reward lenders that deliver well-manufactured loans while also mitigating the need for protracted research and negotiation on a loan-by-loan basis.

View Article Source →

Stay Informed, Subscribe to the Compliance Newshub