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May 4, 2023


Biden’s Mortgage Socialism

The Federal Housing Finance Agency ( FHFHA ) recently made changes to the borrowing fees for prospective homebuyers. They were billed as creating a more equitable path to homeownership for those with low income and little capital. That sounds good, but at the same time it raised the fees for others who had higher credit scores and could afford a bigger downpayment, which is why some are accusing the Biden administration of mortgage socialism.


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