Political Picture thread. (humor/memes/etc)

L

livingston

20×102mm Vulcan
Messages
48,235
Reaction score
133,000
Location
livingston county
DoOver said:
View attachment 198349
Click to expand...

Biden to hike payments for good-credit homebuyers to subsidize high-risk mortgages​


Homebuyers with good credit scores will soon encounter a costly surprise: a new federal rule forcing them to pay higher mortgage rates and fees to subsidize people with riskier credit ratings who are also in the market to buy houses.

The fee changes will go into effect May 1 as part of the Federal Housing Finance Agency’s push for affordable housing, and they will affect mortgages originating at private banks across the country. The federally backed home mortgage companies Fannie Mae and Freddie Mac will enact the loan-level price adjustments, or LLPAs.
www.washingtontimes.com

Biden to hike payments for good-credit homebuyers to subsidize high-risk mortgages

Homebuyers with good credit scores will soon encounter a costly surprise: a new federal rule forcing them to pay higher mortgage rates and fees to subsidize people with riskier credit ratings who are also in the market to buy houses.
www.washingtontimes.com www.washingtontimes.com
 
You must log in or register to reply here.
Top