Birdwatch Note Rating
2023-05-04 02:38:58 UTC - HELPFUL
Rated by Participant: 66F127F57E50D8753B4F05A12E6C30854FC9276F1DF346D301D54E068C13D276
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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