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Loan Modification

: Loan Modification & Home Loan News

Banks Face Fight Over Mortgage-Loan Buybacks

By Moe Bedard

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While mortgage delinquencies are easing, banks are facing a new round of losses from loans made just before the financial crisis, and the fight to keep them off their balance sheets is intensifying. Leading the charge to make originators repurchase their loans are Fannie Mae and Freddie Mac, the two government-owned finance agencies that guaranteed [...]

Full post as published by Loan Modification & Home Loan News on August 18, 2010 (boomark / email).

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