Marshall, Braun, Colleagues Introduce Legislation to Reverse Unfair Biden Mortgage Rule
July 15, 2023
July 15, 2023
WASHINGTON, July 15 -- Sen. Roger Marshall, R-Kansas, issued the following news release on July 14, 2023:
Yesterday, Sen. Marshall and Sen. Braun introduced the Middle Class Borrower Protection Act to 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 buyers with good credit to subsidize those with . . .
Yesterday, Sen. Marshall and Sen. Braun introduced the Middle Class Borrower Protection Act to 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 buyers with good credit to subsidize those with . . .