The House passed the Middle Class Borrower Protection Act last Friday, with 14 Democrats joining all Republicans in a 230-189 vote to scrap new Biden administration rules that readjust mortgage rates. POTUS may have to wield his veto pen again.
The House of Representatives passed the Middle Class Borrower Protection Act last Friday, with 14 Democrats joining all Republicans in a 230-189 vote to scrap new rules that readjust mortgage rates.In the aggregate, the adjustments raise rates for borrowers with credit scores of 680 or above while lowering them for those with lower credit scores and lower down payments.
"The bill would inhibit the Federal Housing Finance Agency’s ability to respond to changing housing market conditions and diminish the agency’s ability to ensure the safety and soundness of the government-sponsored enterprises," reads the statement, which was released the same day as the House vote. FHFA officials also point out that those with exceptionally high credit scores of 780 and above will mostly see their fees go down relative to the old scale.
Argentina Últimas Noticias, Argentina Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Hunter Biden case: Ex-attorney general says Congress should summon Biden-appointed DC, Calif. prosecutorsFormer Acting U.S. Attorney General Matthew Whitaker sounded off on 'Hannity' as whistleblowers claim to contradict prior testimony from Merrick Garland.
Leer más »
President Joe Biden visiting Chicago Wednesday for presidential address, campaign receptionPresident Joe Biden is coming to Chicago on Wednesday.
Leer más »
Student loan forgiveness backers warn President Joe Biden ‘failure isn’t an option’Advocates of student debt relief want President Joe Biden to use a 1965 law to cancel student debt if the Supreme Court overturns his loan forgiveness program.
Leer más »
President Joe Biden in Chicago Wednesday to deliver speech on economyAir Force One will land in Chicago Wednesday morning with President Joe Biden in town to deliver a speech on economics.
Leer más »
SEAN HANNITY: Democrats and the DOJ will never, ever seriously investigate President Biden or Hunter BidenFox News host Sean Hannity calls out the federal government's treatment of allegations against the Biden family on Monday's “Hannity.'
Leer más »
PolitiFact - Hunter Biden’s criminal case: What IRS whistleblowers said about Joe Biden, DOJRepublicans say that IRS whistleblowers’ testimony shows that Hunter Biden’s plea agreement was unduly soft. Legal experts told PolitiFact that prosecuting a defendant connected to a high-ranking government official poses unique challenges.
Leer más »