House GOP Rejects Socialist Mortgage Rule, But That Won’t Stop Biden From Taking Your Money For ‘Equity’
Financially ‘Low-Risk’ Borrowers Will Now Pay Higher Mortgage Fees In The Name Of ‘Equity’
Homebuyers With Good Credit Could Pay To Boost Black Homeownership Under Biden Rule
If you’ve worked hard to maintain good credit, President Joe Biden is about to make your future mortgage more expensive.
A Federal Housing Finance Agency rule set to take effect on May 1 will increase monthly mortgage fees for borrowers with good credit scores. Those higher fees will be used to subsidize individuals with bad credit scores.
The post Homebuyers With Good Credit Could Pay To Boost Black Homeownership Under Biden Rule appeared first on Washington Free Beacon.
How Easy Federal Money Could Be Laying The Groundwork For Another Housing Crash
Because the federally blown asset bubbles have also hit home prices, Washington now will make housing more ‘affordable’ by having taxpayers take on more risk.
The Mark of Klain
On August 8 the White House chief of staff, Ron Klain, turns 60 years old. It is, writes Mark Leibovich of the New York Times, a much anticipated event on the D.C. social calendar. Klain, you see, has commemorated earlier "round-numbered birthdays" by throwing large, sumptuous "blowouts," including a fête at a Maryland farm in 2011 where hundreds of VIPs gathered to eat deep-fried Oreos and deliver "tributes to the honoree."
The post The Mark of Klain appeared first on Washington Free Beacon.
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