Housing Mortgages Information

Lenders Facing Repurchase Demands from Investors

The Wall Street Journal is reporting that mortgage lenders are facing an assault on yet another front as the mortgage debacle rolls on.

Investors, including Freddie Mac and Fannie Mae, are taking a long look at loans they have purchased from lenders over the last few years and the contracts that govern those purchases and are trying to force banks and mortgage companies to buy back growing numbers of troubled loans.