Comment Detail
Date: 04/23/23 First Name: Kyle Last Name: Dean Email: pennstategirl45@yahoo.com Organization Type: other Organization: American Citizen Comment
I am writing to oppose changing the current structure of the Loan-Level Price Adjustment (LLPA) matrix. It is grossly unfair to homebuyers with good credit to have their monthly mortgage payment rise by over $60 a month because of this change. It does not help homebuyers with lower credit scores. History shows that people who receive subsidies to purchase homes cannot maintain the mortgage payments in the long term. I do not want to see subsidized homeowners be hurt like that. There must be a different plan that would help them more without penalizing other Americans.
Please stop the change to the LLPA. I know that you and your team can do better.