McHenry Demands FHFA Reverse Changes to the Loan Level Pricing Adjustment Structure
April 27, 2023
April 27, 2023
WASHINGTON, April 27 -- Rep. Patrick T. McHenry, R-North Carolina, issued the following news release on April 26, 2023, and letter:
Yesterday, the Chairman of the House Financial Services Committee, Congressman Patrick McHenry (NC-10), sent a letter to Federal Housing Finance Agency (FHFA) Director Sandra Thompson. Congressman McHenry blasted the FHFA's recent changes to the loan level pricing adjustment (LLPA) structure that amounts to a tax on creditworthy homebuyers to subsidize . . .
Yesterday, the Chairman of the House Financial Services Committee, Congressman Patrick McHenry (NC-10), sent a letter to Federal Housing Finance Agency (FHFA) Director Sandra Thompson. Congressman McHenry blasted the FHFA's recent changes to the loan level pricing adjustment (LLPA) structure that amounts to a tax on creditworthy homebuyers to subsidize . . .