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Articles about Buybacks


Residential | March 2017 
The Case for Underwriting Technology
The TRID consumer-disclosure rules have been in effect for more than a year and no longer dominate industry headlines. Still, the effect that TRID has had on loan-production costs and time to close co...
By Greg Marek, chief marketing officer, Capsilon Corp.

Commercial | April 2016 
Chasing Profit in Payoffs
In times of expected interest rate hikes, savings may be within your clients’ grasp, if they refinance early. With the Federal Reserve embarking on a policy of gradually increasing short-term in...
By Eitan Weinstock, senior analyst, Yield Maintenance Consultants

Residential | April 2004 
Effective Lobbying: What’s in it for you?
(Editor’s Note: While this article is written from the Florida Association of Mortgage Brokers’ viewpoint, its message is universal.) Are you enjoying your role as a mortgage originator? ...
By Nancy Bolt, CMC, CRMS, President, Sun Mortgage

Residential | August 2007 
How Contracts Can Lead to Buybacks
Not long ago, mortgage lenders demanding that brokers buy back “bad loans” essentially didn’t exist. Today, however, they are becoming more common. Although many factors contribute to th...
By John Long, attorney, mortgage-regulatory-compliance law

Residential | June 2007 
Staving off Buybacks
As the foundation of the nonprime-mortgage market becomes increasingly shaky, and as the players struggle to stay above ground, litigation among mortgage brokers, lenders, borrowers and even Wall St...
By Douglas L. Davies, managing partner, Davies Law Group LLC

Residential | June 2008 
Tracking the Perfect Storm
The housing market and mortgage industry have changed dramatically in the past year. Much of the fallout came from the increase in stated-income loans during the mortgage boom. Further, with stated-...
By Jon R. Daurio, chairman and CEO, Kondaur Capital Corp.

Residential | March 2008 
Measuring Borrowers in a New Legal Landscape
The continued increase in lawsuits rooted in the nonprime crisis and the current regulatory proposals intended to address this crisis will significantly impact how and to whom residential mortgage b...
By John S. Devlin III, shareholder , Lane Powell PC; and Andrew G. Yates, litigator, Lane Powell PC

Residential | July 2009 
Fighting Back on the Buyback
Mortgage brokers frequently find themselves in litigious tugs of war, with lenders demanding loan repurchases on one side and borrowers claiming ignorance of their agreements on the other. Thoroughl...
By Laura Marquez-Garrett, attorney, Foster Pepper PLLC

Residential | May 2009 
Fight Fraud With a Balanced Approach
We're all creatures of habit, and we all get used to routines. We have our favorite television shows, and we know how we take our coffee. When it comes to the mortgage business, routines ...
By Jay Meadows, Scotsman Guide Media, Inc

Residential | May 2009 
Forensic Loan Audits Provide Protection
The mortgage industry as we have known it no longer exists. It was a victim of lending abuses, widespread greed, and a flawed regulatory structure that failed to protect consumers, brokers and lende...
By August Blass, owner, National Loan Auditors; and Stephen Hoshida, manager of the legal portal, National Loan Auditors

Residential | July 2013 
Taking the Heat Off Buyback Demands
In the aftermath of the housing crisis, Fannie Mae and Freddie Mac issued repurchase requests on nearly $100 billion in mortgages. Not surprisingly, this caused many lenders to look toward the future ...
By Allen H. Jones, managing director, RiskSpan Inc; and Leah Price, consultant, RiskSpan Inc

Commercial | August 2010 
Buying Debt to Save a Project
Many developers are finding that their debt exceeds their property’s current value or their lender’s permitted loan-to-value ratio. Because of this, some banks and lenders want to get the underperform...
By Michael Zukerman, managing director, Whitestone Realty Capital LLC

Residential | November 2010 
Avoid Buyback Demands and Prosper
With reduced competition for market share and interest rates near record lows, now is a great time to be a mortgage broker. It's also a dangerous time. Today's plentiful housing inventory makes it ...
By Cindi Dixon, CEO, Mela Capital Group

Residential | June 2010 
Stopping Buybacks and Fraud Automatically
Many lenders continue to try to insulate themselves from losses related to mortgage fraud and compliance failures. Often, lenders require mortgage brokers to sign contracts stating they'll buy back lo...
By Chris Burns, director of marketing, ATLOS LLC




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