Birdwatch Note Rating
2023-05-04 16:23:38 UTC - HELPFUL
Rated by Participant: 229D6FA7D5C18787C153DB0277F46410F31ED0B876A5273B847DE6DE44D4FF76
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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