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  • Comment Detail

  • Date: 04/25/23
    First Name: Rory
    Last Name: Blakeslee
    Organization: N/A
    City: N/A
    State: N/A
    Attachment: N/A
    Number: RIN-2590-AB29

  • Comment

    The new rule that will raise LLPAs and penalize buyers with good credit scores in order to “help” buyers with lower credit scores seems incredibly unfair and counter-intuitive. What incentive is there now to maintain a good credit score and pay down debt if I am currently looking for a house? It seems as though the government and FHFA is suggesting I stop paying my student loans in order to save money on a mortgage down the line. While I agree there are structural inequalities in our society that need to be addressed to promote equality, this particular measure seems only to punish those of us who have obtained good credit scores after years of financial responsibility.