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Friday Flight - Credit Contradictions, Lasagna On Layaway, & No More Bolt #663

How to Money

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The Fannie Mae and Freddie Mac LPA Changes Will Affect Closing Costs

Starting on Monday, Fannie Mae and Freddie Mac are implementing changes to fees that are called loan level price adjustments. This fee will lead to closing costs going up for borrowers with great credit but down for those with poor credit. "I've never seen something in my, I don't know, 18 years in the personal finance space that is like penalizing more who have great credit," says CNN's John Sutter.

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