The Federal Housing Finance Agency (FHFA) is expected to issue loan buyback guidance by late September — or even earlier — that could spell relief for seller/servicers depending on how many caveats are attached to the language.

According to interviews with executives, advisors and related parties, mortgage bankers would be ecstatic if the FHFA issued guidance that would bullet-proof the industry against repurchases on all loans that are current for at least 36 months — with no delinquencies whatsoever, not even 30-day late payments.

Subscribe Now

Access to a full range of industry content, analysis and expert commentary.

30-Day Free Trial

No credit card required. Access coverage of the securitization marketplace, including breaking news updated throughout the day.