The real estate crash has affected numerous businesses sectors, many of which are still dealing with the consequences of an overleveraged real estate market. Mortgage originators in particular have been confronted with “repurchase” demands by the entities to which they sold loans in prior years – primarily major banks and Government-Sponsored Entities (GSEs), including Fannie Mae and Freddie Mac. What does this mean for the financial sector and broader economy? One law firm that works with loan originators at the heart of the issue is sharing its perspective via a new blog.
