Backwards Biden: new federal rule will punish those with good credit
Biden Administration is poised to charge mortgage holders with good credit rating an extra fee to subsidize mortgage holders with bad credit. KVI's John Carlson says the Biden Admin. is "making suckers out of those who play by the rules". Side note: this fiscal principle is generally what private mortgage insurance is for (PMI) when obtaining a mortgage. https://www.washingtontimes.com/news/2023/apr/18/joe-biden-hike-payments-good-credit-homebuyers-sub/
Backwards Biden: new federal rule will punish those with good credit
Biden Administration is poised to charge mortgage holders with good credit rating an extra fee to subsidize mortgage holders with bad credit. KVI's John Carlson says the Biden Admin. is "making suckers out of those who play by the rules". Side note: this fiscal principle is generally what private mortgage insurance is for (PMI) when obtaining a mortgage. https://www.washingtontimes.com/news/2023/apr/18/joe-biden-hike-payments-good-credit-homebuyers-sub/