Birdwatch Note Rating
2023-05-05 01:47:24 UTC - HELPFUL
Rated by Participant: 203BB148F081214D377008CF3141311F89C3B9E734649846D06BA49B250C3FE5
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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