Birdwatch Archive

Birdwatch Note

2023-04-21 16:24:06 UTC - MISINFORMED_OR_POTENTIALLY_MISLEADING

Under the May 1 LLPA grid, Experian projects that borrowers with strong equity and credit may pay lower fees. Situations such as cash-out refinances and low equity may incur higher fees. https://www.experian.com/blogs/insights/2023/04/impact-of-changes-to-llpa-grids/ Borrowers with high credit scores still pay lower fees than those with lower scores. https://singlefamily.fanniemae.com/media/9391/display

Written by F9E09A77CCB3ACE4BC6A35604E8D07D4612E7FF9E1545AE12332D46F47DCB2C9
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All Information

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• noteId - 1649448937454182400
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• noteAuthorParticipantId - F9E09A77CCB3ACE4BC6A35604E8D07D4612E7FF9E1545AE12332D46F47DCB2C9 Participant Details
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• classification - MISINFORMED_OR_POTENTIALLY_MISLEADING
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• harmful -
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• summary
• Under the May 1 LLPA grid, Experian projects that borrowers with strong equity and credit may pay lower fees. Situations such as cash-out refinances and low equity may incur higher fees. https://www.experian.com/blogs/insights/2023/04/impact-of-changes-to-llpa-grids/ Borrowers with high credit scores still pay lower fees than those with lower scores. https://singlefamily.fanniemae.com/media/9391/display