Housing Regulator Moves to Ease Crunch

May 7, 2020, 11:46 AM by Andrew Ackerman

Some mortgage executives said the FHFA’s move would provide certainty to lenders seeking to sell loans stuck on their books. “It’s not the price that you’d want,” said Mat Ishbia, chief executive of United Wholesale Mortgage, but he described the FHFA’s decision to provide support as “more than fair.”

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