but his administration is pushing forward with a plan that would punish home buyers who have good credit scores. sandra: force those with good credit scores to pay more for their mortgages in order to subsidize high risk borrowers. former president obama s top housing adviser that he brought on board during the financial crisis, david stevens, he is calling the move unprecedented and says the industry is in shock. he s here for an exclusive interview to explain why, and larry kudlow how it could depress the housing market even further. whistleblower allegations a game changer. you know, this is somebody in the irs at a high level who apparently is willing to come forward to tell congress during the investigation of hunter biden there was obstruction. it s another example the irs is a mess. the whistleblower ought to be heard. obstruction of justice and certainly will be pursued in congress. john: begin with the white house set to take questions as an irs special age
the federal housing finance agency, director thompson was put into that job, appointed by president biden and confirmed by the senate. but you know, this is an unprecedented move. the gse, freddie mac and fannie mae, quasi private company, in conservatorship because they fell into financial troubles in 2008, but they have always risk based priced their loans. in other words, people with better credit scores and bigger down payments get lower rates than people with really low credit scores and very low down payments. and that risk based pricing is part of the discipline of fannie mae and freddie mac since their beginning. well, for the first time ever, the director in an effort to i think bring more first time home buyers, particularly minority home buyers into the gsc s,