Research Finds Average Mortgage Loan Repurchase Rate is 0.49%, Average Cost $32,288 per Loan
Reggora, a leading appraisal management software company, today announced the findings of new research conducted in partnership with STRATMOR Group. The study highlights that the average mortgage loan repurchase rate over the last 18 months (April 2023 to October 2024) is 0.49%, with each repurchase costing lenders an average of $32,288. Appraisal and income-related issues are identified as two of the top three causes of repurchases,...
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