Comment Detail
Date: 05/16/23 First Name: cory Last Name: owen Email: cory.owen@yahoo.com Organization Type: other Organization: Regions Bank Comment
Penalizing those that have higher credit scores and rewarding those that have lower, does NOT, in anyway to help low to moderate borrowers nor minorities. This is rewarding those that do not do the right thing or have been in trouble with their creditors. This does not equate to helping those minorities that this was designed for. All you are doing is setting the precedent that it is ok to default.
Official websites use .gov
A .gov website belongs to an official government organization in the United States.
Secure .gov websites use HTTPS
A lock (
) or https:// means you’ve safely connected to the .gov website. Share sensitive information only on official, secure websites.