ERIC SCHMITT, Senator for Missouri

WASHINGTON – Today, Senator Eric Schmitt joined Senator Roger Marshall of Kansas and Senator Thom Tillis of North Carolina in penning a letter to Biden’s Federal Housing Finance Agency (FHFA) Director Sandra Thompson expressing outrage over a new rule that penalizes fiscally responsible Americans to subsidize high risk borrowers who have low credit scores:

“This backwards mortgage policy is fundamentally unfair, does not make sense for lenders, and is thinly veiled socialism – plain and simple. I’m proud to stand with Senator Marshall and Senator Tillis in defense of the American dream for hardworking Missourians,” said Senator Eric Schmitt.


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