New Senate Bill Seeks To Overturn FHFA’S LLPA Rule

Weekly Real Estate News, July 13, 2023–Phil Hall
U.S. Sens. Mike Braun (R-IN) and Roger Marshall (R-KS) have introduced the Middle Class Borrower Protection Act to reverse the Federal Housing Finance Agency’s recent mortgage rule that changed to the Loan-Level Price Adjustment, which many critics argued offers subsidies to borrowers with lower credit scores by forcing higher mortgage fees to consumers with better credit.
https://wrenews.com/new-senate-bill-seeks-to-overturn-fhfas-llpa-rule/?