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New Biden Admin Plan Raises Mortgage Costs for Borrowers with Good Credit Scores to Subsidize Others

Homeowners who have achieved a good credit score will be penalized under a new Biden administration rule. A Federal Housing Finance Agency rule change that takes effect May 1 will impact Americans when federally backed mortgage outfits such as Fannie Mae and Freddie Mac sock buyers with what are called...

Homeowners who have achieved a good credit score will be penalized under a new Biden administration rule. A Federal Housing Finance Agency rule change that takes effect May 1 will impact Americans when federally backed mortgage outfits such as Fannie Mae and Freddie Mac sock buyers with what are called…

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