the government says that the rules don’t produce the outcome it wants — in this case, more people of color getting mortgages — and then it puts its fingers on the scale to produce that outcome, people who have worked hard to follow the rules are betrayed.
Affordable housing shouldn't be shouldered by those with good credit
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"Higher-credit-score borrowers are not being charged more so that lower-credit-score borrowers can pay less. Some updated fees are higher, and some are lower, in differing amounts. They do not represent pure decreases for high-risk borrowers or pure increases for low-risk borrowers," the FHFA said in a statement.
House GOP introduces bill to block Biden's new mortgage fees for good-credit borrowers
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