Housing Regulator Takes Step to Ease Crunch at Mortgage-Finance Companies – The Wall Street Journal

The companies, including companies like Quicken Loans Inc. and Freedom Mortgage Corp., have actually been stuck with home mortgages they would normally offer, as customers suspend payments amidst the economy’s pandemic-driven downturn.

WASHINGTON– The federal company that supervises the bulk of the U.S. housing market is actioning in to help cash-starved mortgage companies– but it is exacting a cost.

The …

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