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Outrage continues over federal rule to charge higher fees to home buyers with better credit

A new federal rule that would charge higher fees to home buyers with good credit to help subsidize those with poor credit goes into effect Monday, May 1. The Federal Housing Finance Agency announced in January it would increase Loan-Level Price Adjustment fees for mortgage borrowers with higher credit scores to help keep fees lower for those with worse credit.

Outrage continues over federal rule to charge higher fees to home buyers with better credit

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