1. Short title This Act may be cited as the Middle Class Borrower Protection Act of 2023 . 2. Repeal of recalibrated single-family pricing framework Not later than the expiration of the 60-day period beginning on the date of the enactment of this Act, the Director of the Federal Housing Finance Agency shall revise the recalibrated single-family pricing framework charged by the enterprises for guarantee of mortgages on single-family housing so that such fees are identical to the fees of the standard single-family pricing framework in effect immediately before May 1, 2023. 3. Restrictions on FHFA adjustments to single-family pricing framework (a) Temporary prohibition on further adjustments to single-family pricing framework During the period beginning upon the date of the revision of the recalibrated single-family pricing framework pursuant to section 2 and ending 90 days after the submission to the Congress of the report required under section 5, the Director may not further revise the single-family pricing framework from such framework in effect pursuant to the revision required by section 2. (b) Administrative procedures for adoption of adjustments to the single-family pricing framework After expiration of the period referred to in subsection (a), when proposing adjustments to the single-family pricing framework, the Director shall follow procedures that are as close as practicable to those requirements for a Federal agency issuing a rule under chapter 5 of title 5, United States Code (commonly referred to as the Administrative Procedure Act ). (c) FHFA requirement for the use of risk-based pricing Section 1367(b)(2) of the Federal Housing Enterprises Financial Safety and Soundness Act of 1992 ( 12 U.S.C. 4617(b)(2) ) is amended by adding at the end the following new subparagraph: (L) Additional powers as conservator The Agency shall, as conservator for an enterprise, to the greatest extent feasible require that any modifications, including increases, decreases, or eliminations, approved to a loan-level