Is There Really a New, Unfair Mortgage Tax on Those With High Credit?
In a recent post on Mortgage Daily News, Matthew Graham explains the hard-to-understand new fee structure by Fannie Mae and Freddie Mac. Graham writes, Seemingly overnight, the internet is awash with news regarding a “new,” unfair tax on mortgage borrowers with higher credit scores. Some have gone so far as to suggest that someone could intentionally lower their credit score to get a better deal.