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Friday, 05/05/2023 7:20:23 PM

Friday, May 05, 2023 7:20:23 PM

Post# of 797119
https://thehill.com/business/3985465-do-new-mortgage-fees-penalize-borrowers-with-good-credit/amp/

“In other words, the policy will take money away from the people who played by the rules and did things right — including millions of hardworking, middle-class Americans who built a good credit score and saved enough to make a strong down payment,” the letter read. "

"Some criticism has also targeted down payments, specifically arguing FHFA is imposing higher fees are being imposed on more creditworthy applicants so they can undercharge those with risky loans. "