Birdwatch Note Rating
2023-05-04 04:36:17 UTC - HELPFUL
Rated by Participant: 54DFD39A8E8C988F943DFE08B52E25C710623DBB33A026A801B7285BB6718290
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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