We The People

We The People

Saturday, April 22, 2023

Biden Rule Forces Good-Credit Homebuyers to Subsidize Loans to Higher-Risk Borrowers

Biden Rule Forces Good-Credit Homebuyers to Subsidize Loans to Higher-Risk Borrowers

Good-credit homebuyers will be forced to pay more for their mortgages to subsidize loans to higher-risk borrowers when a Biden administration rule begins to take effect next month. A Washington Times report Tuesday sets out the circumstances around the change. It states:

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