Fellow Conservative,
The Biden Administration’s Federal Housing Finance Agency is changing the rules to punish responsible, hardworking Americans who have built good credit scores.
Yes, you read that right! Under the new Loan Level Pricing Adjustment, homeowners with bad credit will get discounted mortgages, while homeowners with good credit will be charged an additional $40 a month.
Disincentivizing good credit behavior and penalizing responsible Americans during an inflation crisis is wrong.
That’s why I’m leading the charge with 17 other Republican governors to fight back and stand up for Americans.
Last week, we sent President Biden a letter that opposes these actions and calls for him to rescind this new rule that will only threaten America’s housing system.
As governor, I’ll keep up the fight against Biden’s radical agenda and ensure hardworking Georgians aren’t penalized for being responsible.
-Brian Kemp