On the recordMay 9, 2022
So we are looking at Black and Hispanic borrowers at twice the rate of any private market, of anybody in the private market.
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congress.govSo we are looking at Black and Hispanic borrowers at twice the rate of any private market, of anybody in the private market.
Fudge highlights FHA's role in supporting minority homebuyers compared to the private market.
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More from Marcia Fudge
You do not want to balance your budget on the backs of poor people or people who need our help the most.
We estimate that just from the reduction in the mortgage insurance premium, we are going to help 850,000 people over the next year.
We don't have enough senior housing. We don't have enough housing that is affordable to seniors.
I am happy to work with your office to make sure we are not doing things that are detrimental.