Birdwatch Note Rating
2023-05-04 23:04:00 UTC - HELPFUL
Rated by Participant: 99E9FD49ED949E50EFE50C043197CE5EF18B00E56103D90ECBF09C53A4098EDD
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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