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Sen. Cramer, Colleagues Demand Answers on FHFA Policy to Subsidize High-Risk Borrowers With Low Credit Scores
April 29, 2023
WASHINGTON, April 29 -- Sen. Kevin Cramer, R-North Dakota, issued the following news release and letter:

U.S. Senator Kevin Cramer (R-ND) joined Senators Roger Marshall, M.D. (R-KS) and Thom Tillis (R-NC) in sending Sandra Thompson, Director of the Federal Housing Finance Agency (FHFA), a letter in fierce opposition to a policy which would penalize Americans who responsibly manage their money.

The proposal, slated to go into effect on May 1, would hike upfront fees for . . .

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