Birdwatch Note Rating
2023-05-06 08:52:08 UTC - HELPFUL
Rated by Participant: 730125C49CA1945F8B9AE3A2E5F13C00DC6D22AE0C01BE477AF44645FEAD574B
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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