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S.D. Gov. Noem and Colleagues Oppose Changes to the Loan Level Pricing Adjustment
June 01, 2023
PIERRE, South Dakota, June 1 -- Gov. Kristi Noem, R-South Dakota, issued the following news release:

Governor Kristi Noem and 17 of her fellow Republican governors sent a letter to President Biden and Federal Housing Finance Agency Director Sandra Thompson opposing the mandated changes to the loan level pricing adjustment (LLPA). You can read the letter here.

"In short, the new LLPA framework will inevitably increase mortgage costs for lower-risk individuals and ha . . .

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