Birdwatch Note Rating
2023-05-04 05:52:24 UTC - HELPFUL
Rated by Participant: 2F0EC842AB7890334CFB3E803DFF78B08C5EC91EA2425142007EC7FBA9ED5440
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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