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WSJ News Exclusive | Lawmakers Ask Fed to Help Businesses Struggling to Make Mortgage Payments

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  • News: 7%
  • Publisher: 63%

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Bipartisan lawmakers are requesting a lending facility to ease the cash crunch for businesses that borrow in the market for commercial-mortgage-backed securities

Many of the hotels, shopping malls and office buildings that borrow money in the roughly $550 billion market for commercial-mortgage-backed securities said they have been

unable to negotiate debt reprieves during the coronavirus pandemic. Some are worried they could lose their properties to foreclosure, The Wall Street Journal reported this...

 

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