Birdwatch Note Rating
2023-05-04 05:37:40 UTC - HELPFUL
Rated by Participant: 72387AFCD77BAE7D32AD959FA6869F1BC41C2282A20EB42148ED2BB3897A795A
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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