Birdwatch Note Rating
2023-05-04 23:45:18 UTC - HELPFUL
Rated by Participant: 032B279F0160B5924B58CC2689594C9A9BC06946D098A7A2F179421C8305153D
Participant Details
Original Note:
The FHFA announced new pricing. Upfront fees will now be based on "risk characteristics" of the borrowers. Some people with higher credit scores will pay moreĀ in fees. Rumors that Biden was responsible for these changes are not supported by evidence. These were FHFA changes. https://www.snopes.com/news/2023/04/28/biden-mortgage-fees/
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