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Comprehensive Analysis of Loan Repurchase and Buy-Back Examination Dynamics

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LFI Analytics presents an in-depth examination of loan repurchase and buy-back agreements. This analysis covers essential conditions under which defective loans can be repurchased by originating lenders, emphasizing the need for factual evidence. It details various triggers for repurchase demands, including TILA/RESPA compliance, underwriting issues, fraud, and violations of credit opportunity and housing acts. The benefits of this analysis include revealing warranty issues, supporting repurchase demands, and ensuring the removal of bad loans from portfolios.

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Comprehensive Analysis of Loan Repurchase and Buy-Back Examination Dynamics

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Presentation Transcript

    1. LFI ANALYTICS Presents

    2. REPURCHASE & BUY-BACK EXAM

    3. Repurchase of Loans Loans are subject to Mortgage Loan Purchase Agreements. Each Agreement details conditions upon which a “defective loan” may be subject to repurchase by the originating lender. Repurchase demands must be supported with factual evidence of the defective nature of the loan. Factual evidence can only obtained through detailed examination of the subject loan.

    4. Repurchase Triggers TILA/RESPA compliance Underwriting issues Borrower or Broker Fraud Income & Employment fraud PSA Compliance

    5. More Triggers Equal Credit Opportunity Act Violations Fair Housing Act Violations Occupancy issues HOEPA Violations Appraisal Fraud

    6. Benefits Provides a Comprehensive Analysis of loan. Reveals any “Reps & Warranties” issues. Provides Repurchase Demand support. Forces Repurchase of “Bad Loans”.

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