Sen. Tim Scott warns Biden's new mortgage rule will block families from making 'homeownership a reality'
Fox News
Sen. Tim Scott warns that the Biden administration's new mortgage rule will create additional risk and prevent more American families from owning homes.
"We have already seen how the Biden administration’s failed economic policies have spurred inflation and hurt markets," Scott told Fox News Digital. "I’m concerned that recent actions taken by Director [Sandra] Thompson simply create additional risk and could result in more families struggling to make homeownership a reality." Brooke Singman is a Fox News Digital politics reporter. You can reach her at Brooke.Singman@Fox.com or @BrookeSingman on Twitter.
He added, "The road to homeownership doesn’t end when you receive a mortgage—we must ensure that federal housing policy is risk-based and sustainable in the long run."
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