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Budd Helps Introduce Bill to Reverse Unfair Biden Mortgage Rule
July 14, 2023
WASHINGTON, July 14 -- Sen. Ted Budd, R-North Carolina, issued the following news release on July 13, 2023:

Today, Senator Ted Budd (R-NC) helped introduce the Middle Class Borrower Protection Act.

The legislation would reverse a harmful Biden administration provision that increases mortgage rates for many middle class Americans.

In May, the Biden Administration implemented changes to the Loan-Level Price Adjustment (LLPA) that punishes responsible home buy . . .

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