Lenders must address repurchase risk before they go bust by John Hardesty for HousingWire

HousingWireHousingWire While buyback volumes remain well below their 2022 peak, they are still elevated compared to pre-pandemic levels. The added cost pours salt in the wound for credit unions, banks, and independent mortgage bankers, who are already recording average pre-tax losses of $534 per loan origination. This challenging environment, marked…

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