Birdwatch Note Rating
2023-05-05 01:47:24 UTC - HELPFUL
Rated by Participant: A1FA6688193DDA0B6C5087857C09F651822AA95C35498D227137D1B1A350C075
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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