Birdwatch Note Rating
2023-05-05 21:30:25 UTC - HELPFUL
Rated by Participant: 3F1A4D83A2E54EC0448FCC76A0378E76DA35648211067DED3BBA43128BD4C897
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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