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.”