Sen. Cramer, Colleagues Introduce Legislation to Reverse Unfair Biden Mortgage Rule
July 14, 2023
July 14, 2023
WASHINGTON, July 14 -- Sen. Kevin Cramer, R-North Dakota, issued the following news release:
U.S. Senator Kevin Cramer (R-ND), member of the Senate Banking Committee, joined his colleagues in introducing the Middle Class Borrower Protection Act to reverse a harmful Biden administration provision which will increase mortgage rates for many middle class Americans.
In May, the Biden administration implemented changes to the Loan-Level Price Adjustment (LLPA) which punishes . . .
U.S. Senator Kevin Cramer (R-ND), member of the Senate Banking Committee, joined his colleagues in introducing the Middle Class Borrower Protection Act to reverse a harmful Biden administration provision which will increase mortgage rates for many middle class Americans.
In May, the Biden administration implemented changes to the Loan-Level Price Adjustment (LLPA) which punishes . . .