Is There A Robinhood Approach in Lending in America?

<div class="_1mf _1mj" data-offset-key="6fna3-0-0">🏠💰 We're diving into the recent changes in loan pricing in the mortgage industry and how it's sparked a political spin lately. 🔥 HousingWire has featured industry leaders like David Stevens, who points out that buyers with higher credit scores are now subsidizing those with lower scores. 📊 This has caused the industry to take sides and sling mud at each other. 💩 There are also concerns about the GSEs being used to pursue political and social agendas, which could lead to mistrust in how they analyze expected default and severity. 🤔 Stay informed and keep up with the latest developments in the mortgage industry!</div> <div class="_1mf _1mj" data-offset-key="6fna3-0-0"> </div> <div class="_1mf _1mj" data-offset-key="6fna3-0-0">00:00 – TheREsource.tv introduces the topic of the GSE’s LLPA scuffle in the real estate & mortgage industry and promises to explain the situation without using jargon. 😂🤩</div> <div class="_1mf _1mj" data-offset-key="6fna3-0-0"> </div> <div class="_1mf _1mj" data-offset-key="6fna3-0-0">00:23 – The changes in loan level price adjusters (LLPA’s) that caused an uproar several months ago now may have a political spin. 🏛 📢</div> <div class="_1mf _1mj" data-offset-key="6fna3-0-0"> </div> <div class="_1mf _1mj" data-offset-key="6fna3-0-0">00:46 – Is it true that buyers with higher credit scores are now subsidizing those with lower credit scores? The banking industry has taken sides and started slinging mud at each other! 😠↔😑</div> <div class="_1mf _1mj" data-offset-key="6fna3-0-0"> </div> <div class="_1mf _1mj" data-offset-key="6fna3-0-0">01:05 – Buyers with a credit score of 640 will pay significantly more than those with a credit score of 740, using an 80% loan to value ratio as an example. Better credit scores represent a better risk and are priced better accordingly. Facts. ☑</div> <div class="_1mf _1mj" data-offset-key="6fna3-0-0"> </div> <div class="_1mf _1mj" data-offset-key="6fna3-0-0">01:49 – Were the changes that were made to people with b