KSL: Senators Romney, Lee Oppose New Mortgage Rules

Not specified in the recording (speakers identified as "Senators") · May 11, 2023

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Senators raise concerns about new mortgage-pricing policy

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Senators Michael Lee and Mitt Romney are described as raising concerns about a new mortgage-pricing policy that increases costs for some homebuyers with good credit scores.

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A brief exchange in which Senators Mitt Romney and Michael Lee criticized a new mortgage-pricing policy that took effect May 1, saying it raises costs for some homebuyers with higher credit scores and larger down payments while lowering costs for some borrowers with lower scores or smaller down payments.

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