How Biden’s Plan to Penalize Responsible Homebuyers Could Ravage Retirement Savings by $31,000

The Federal Housing Finance Authority just announced it will hike the loan-level pricing adjustment  fee on homebuyers  with high credit scores and redistribute those funds to borrowers with low credit scores. That’s not an insignificant change. Under the new loan-level pricing adjustment matrix, a borrower with a 740 FICO score and a down payment of just under 20% will pay a 1% loan-level pricing adjustment fee. That’s quadruple the prior risk assessment of 0.25%. At the same time, the loan-level pricing adjustment fee for many borrowers with bad credit will…

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Before his retirement, Anthony Fauci makes final pitch to Americans to get updated COVID booster

Dr. Anthony Fauci defended his legacy and made a final plea for Americans to get an updated COVID-19 booster Tuesday in a White House sendoff after nearly 40 years as the top infectious diseases researcher at the National Institutes of Health. The Washington Times stories: White House

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Biden’s pick for OPM deputy director addresses concerns about federal hiring, retirement processing

President Joe Biden’s nominee for second-in-command at the Office of Personnel Management, Rob Shriver, shared his priorities for the federal workforce with the Senate Homeland Security and Governmental Affairs Committee. During a Sept. 29 nomination hearing, the committee raised concerns about the future of telework, the federal hiring process and delays in retirement processing — all of which are involved in OPM’s mission. Telework was a prominent issue for a few of the committee members. Sen. James Lankford (R-Okla.) asked Shriver about the governmentwide telework policy for agencies, saying that…

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Fact check: Inaccurate claims about salaries for U.S. presidents in retirement, Congress members, army soldiers and senior citizens – Reuters

Fact check: Inaccurate claims about salaries for U.S. presidents in retirement, Congress members, army soldiers and senior citizens  Reuters “us congress” – Google News

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