Birdwatch Note Rating
2023-05-06 08:52:08 UTC - HELPFUL
Rated by Participant: 056ED7E49184C79C771A0DB0C79C4EB14AF294F75DEA5A3CC14B8DDE2731A3CD
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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