96https://www.washingtonexaminer.com/news/senate/braun-bill-reverse-harm
ful-biden-administration-mortgage-rule John,
My Senate
colleagues and I recently introduced the Middle Class Borrower
Protection Act, a bill that would end Joe Biden’s unfair mortgage rule
aimed directly at fiscally-responsible American home purchasers that
are being penalized with higher rates.
[link removed]
ul-biden-administration-mortgage-rule LEARN MORE The President’s Federal
Housing Finance Agency enacted his mortgage rule that “recalibrated”
borrowing price structures to disproportionally favor individuals with
lower credit scores, which includes the policy of eliminating upfront
fees for borrowers who don’t have the means or capital to actually pay
back the loan.
The average American has a credit score over 716. The
Biden administration is making home ownership more difficult for
everyday Americans by raising rates for most people with a credit score
over 680 to subsidize riskier borrowers.
This is an outrage and
completely contrary to the foundation of our nation’s fiscal security.
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ul-biden-administration-mortgage-rule LEARN MORE Punishing American home
purchasers that have been responsible with their resources, and worked
hard to maintain a respectable credit score is despicable, and I won’t
stand for it!
Thank you for your support,
Mike Braun
[link removed]
[link removed] Paid for by Mike Braun for Indiana,
Inc.
id:2023-07-16-21:18:26:549tUnsubscribe: [link removed]