WASHINGTON—The federal agency that oversees the bulk of the U.S. housing market is stepping in to help cash-starved mortgage firms—but it is exacting a price.
The firms, including companies like Quicken Loans Inc. and Freedom Mortgage Corp., have been stuck with mortgages they would typically sell, as borrowers suspend payments amid the economy’s pandemic-driven downturn.
The…
Housing Regulator Takes Step to Ease Crunch at Mortgage-Finance Companies
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