Mortgage News Ticker | Mortgage News | Daily National and State Headlines

Mortgage News Ticker | Mortgage News | Daily National and State Headlines:

" ...The two government-owned mortgage companies are enforcing contracts that require lenders to buy back loans that didn’t meet underwriting standards. At the end of September, the companies reported, banks hadn’t responded to $13 billion in buyback requests. A third of those were at least four months old and Freddie Mac has begun to assess penalties for the delays."