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Repurchase Defense Exams
Investors are continuing to demand that defaulted loans be repurchased from the Originating Lenders. Fannie Mae and Freddie Mac have been the leading entities in demanding that loans be repurchased. However, approximately 60% of the time, if the loan is properly reviewed, then the Repurchase Demand can be successfully defended against, and the demand dropped by the Investor.
Credit Masters has a specialized exam to defend against such repurchase demands. The exam reviews the allegations of the Investor to determine the merit of such allegations, as well as other potential issues. An impartial evaluation of the loan is prepared and provided to the client. The client then accesses the situation and available options for denying a Repurchase Demand.