Birdwatch Note Rating
2023-05-04 07:31:54 UTC - HELPFUL
Rated by Participant: 8D993839EA14D05B82960BF29B3A3337BAB1DCB1103318FBBF62026463E95CBE
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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