President might want a new PR firm

People across the country with a 680 Fico score – from all races, creeds and religions – are mystified over the BidenHarris Administration's idea that they will have to pay extra fees, which some call a penalty, for having great credit so Freddie and Fannie can afford to offer better rates for homebuy- ers with low FICO scores.

Freddie Mac made a net profit of $22 billion over the past two years and Fannie Mae has enjoyed a net income of $35 billion since January 2021. The president, his press secretary and his public relations advisers telling first-time homebuyers or, even worse, existing home-

Financing

owners that have worked hard to build a 700 FICO score that they will have to pay a penalty for being financially responsible is like the insurance industry telling drivers across the country the better your driving record the higher the insurance premiums. Can you imagine how

See Porter, Page 9