On the recordOctober 15, 2019
We do not believe that we should allow states to set separate income and asset standards other than what Congress has provided.
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congress.govWe do not believe that we should allow states to set separate income and asset standards other than what Congress has provided.
Fudge argues against states setting their own income and asset standards.
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More from Marcia Fudge
So we are looking at Black and Hispanic borrowers at twice the rate of any private market, of anybody in the private market.
We estimate that just from the reduction in the mortgage insurance premium, we are going to help 850,000 people over the next year.
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