Ep 5: Justin Vedder, Mike Fontaine and Rob Chrisman
Update: 2023-08-02
Description
Repurchase demand by mortgage investors is growing sharply, creating significant financial losses for lenders. In this episode, Justin Vedder, president of Securent Risk and Insurance Services, a SitusAMC subsidiary, speaks with Rob Chrisman, consultant and publisher of the Chrisman Commentary, a daily industry snapshot and podcast; and Mike Fontaine, co-president and COO of Plaza Home Mortgage. They discussed the problem's roots, its impact on lenders and the industry, and strategies to prevent and manage the growing risk.
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