Tuesday, June 11, 2024

Biden implementing radical housing policies that might crash whole market | WND | by Around the Web

Biden implementing radical housing policies that might crash whole market | WND | by Around the Web

The government-sponsored corporations Freddie Mac and Fannie Mae, regulated by the Federal Home Financing Administration (FHFA), have taken a number of steps to increase financing opportunities for higher-risk borrowers under the Biden administration, including subsidizing higher-risk borrowing by hiking rates on lower-risk borrowers.

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