Joe Biden’s administration has ushered in a slew of horrendous policies which have only made life worse for Americans but his socialist mortgage policy might be among the WORST EVER and states are fighting back!
The policy, as we recently reported, forces homebuyers with GOOD credit to pay HIGHER fees in order to subsidize the cost of homes for much riskier buyers with BAD credit.
Now treasury officials from 27 states are pushing back on the “unconscionable policy” in an effort to put it to bed.
These officials warn very clearly that the radical policy will punish those who did the right thing and built up their credit while rewarding irresponsible Americans who have lower scores.
As Riley Moore, one of the state treasurers who has joined in on the fight, points out this is typical of the woke liberal agenda where they change the rules to try and manipulate the market into rewarding who THEY CHOOSE!
It’s a blatantly socialist policy, and on top of that it could wreak havoc on the economy by forcing banks to load up on riskier loans.
When it’s all said and done this could go down as one of the most destructive economic policies ANY president has ever pushed – and that’s why states are fighting it!
Watch the video here to see how this policy is way worse than you can imagine and why these states NEED to keep pushing back!
3 thoughts on “States Fight Back Against Biden Over His New Socialist Mortgage Policy”
Biden, you are nothing but a criminal, I’m so happy to hear people are pushing back on your cheating ways with home owners wanting them to pay for the ones who can’t afford the loans. It is just like Biden wanting the tax payers who paid off their student loans now he wants the tax payers to pay off the student loans of the ones who finished school and probably got good jobs but think someone else should pay their student loans for them. Biden has plenty of money he got from China for selling out America let him pay every ones bills.
This is nothing but a vote buying scheme on behalf of the Far-Left socialist democratic party. Buying votes
amen brother ..!