Birdwatch Note Rating
2023-05-04 02:30:52 UTC - HELPFUL
Rated by Participant: 8AD226768F33C198AE416E8BF202645031D91D25E2ABA2F5CFF97156376CE93C
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/
All Note Details