Birdwatch Note Rating
2023-05-04 02:38:58 UTC - HELPFUL
Rated by Participant: 368F5F6396D9A90157910D72C77C022FEFC1EB61A3692AB35DD21CAAC1842975
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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