The nation's GSE regulator Wednesday voiced his concern about the slow pace of seller/servicers repurchasing problem loans from Fannie Mae and Freddie Mac, singling out the nation's megabanks for their poor performance in this area.

"Many of the lenders with aged, outstanding repurchase requests are among the largest financial institutions in the United States," Federal Housing Finance Agency director Edward Demarco said in prepared testimony before the House subcommittee on GSEs and Capital Markets.

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