![]() 461, Condemning the use of elementary and secondary school facilities to provide shelter for aliens who are not admitted to the United States. This bill passed the House by a bipartisan vote of 230-189. ![]() ![]() Government should never be in the business of picking winners and losers or punishing those Americans who have worked hard to practice responsible borrowing. 3564 reforms the LLPA system to ensure all fees are based on the actual risks posed by the mortgage itself and requires any future change in LLPA fees to be subject to an official comment period and an analysis by the Government Accountability Office (GAO). The FHFA ultimately reversed course on this misguided directive, but it’s clear that Congress needs to take additional action to protect responsible borrowers. These changes increased fees for half of all borrowers with credit scores over 680, while decreasing fees for 90 percent of those under 680, injecting Democrats’ equity agenda into our nation’s housing finance market. In May, the Federal Housing Finance Agency (FHFA) directed Fannie Mae and Freddie Mac to adjust their Loan Level Pricing Adjustment (LLPA) structures, which cover the cost of guaranteeing federally backed home mortgages. 3564, the Middle-Class Borrower Protection Act of 2023. If you have any questions related to my votes, please do not hesitate to contact my Washington office at 20. I am working to bring transparency to Congress, and part of that effort includes keeping you updated on what bills passed the House each week and how I voted on each piece of legislation.
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