Birdwatch Note Rating
2023-05-04 09:09:34 UTC - HELPFUL
Rated by Participant: 3DF14512B3D5051C1E77F4780833E15D618D939813C53DA384C9D676FF40C97B
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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