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Housing: New rule prompts criticism borrowers with good credit are being penalized

Por: The Hill Politics May 04, 2023

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New pricing for federally guaranteed mortgages has sparked criticism in recent weeks, prompting claims that borrowers with higher credit scores will subsidize those with lower credit through higher fees. With a new rule, the Federal Housing Finance Agency (FHFA) updated its upfront fees for Fannie Mae and Freddie Mac mortgages, which would raise mortgage fees for some while lowering them for others. FHFA Director Sandra Thompson pushed back... + full article



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