Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Romney and Lee Criticize Mortgage-Pricing Change That Raises Costs for Some Buyers
Summary
Senators Mitt Romney and Michael Lee criticized a mortgage-pricing policy that took effect May 1, saying it will raise costs for some conventional-mortgage borrowers with higher credit scores and larger down payments while lowering costs for others; dollar impacts were not specified.
Senators Mitt Romney and Michael Lee criticized a new mortgage-pricing policy that went into effect May 1, saying it will raise costs for some homebuyers with strong credit while lowering costs for others with smaller down payments or lower credit scores.
The change, described in a short public exchange, applies…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
