this is what sparked the unfairness debate on the internet. is there a new unfair mortgage tax? so let me break it down into two parts first. changes are effective for loans sold as of may 1, but lenders built the price changes into their rate sheets back in end of february/early march. so the pricing has been this effect now for several months. what changed in there is the race of add-on for different credit attributes. while the credit premium, if you will, increased slightly for high quality borrowers and was reduced for higher loan to value lower credit score borrowers, it was the rate of change. there is still a fairly steep difference in price add-ons between a high quality borrower and lower quality borrower. so a lower quality borrower is not getting a better price than
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