Kansas Attorney General Kris Kobach disagrees with a Biden administration rule that increases mortgage fees for homebuyers with good credit to reduce rates for homebuyers with lower credit scores. In a letter joined by 17 other state attorneys general, Kobach requests that the administration reconsider the policy.

 The Federal Housing Finance Agency's loan-level pricing adjustment policy went into effect earlier this month. Under the rule, individuals with high credit scores pay higher rates to subsidize the loans of high-risk borrowers.

 Other states joining the letter include Arkansas, Iowa, Missouri, Tennessee, and Texas. The full letter to President Biden's administration can be read here.