Birdwatch Note Rating
2023-05-04 04:55:09 UTC - HELPFUL
Rated by Participant: B268E143931E8D8E6686C3D8C2A7A53C0F3FBF98F83BB33F730E2411BB02431B
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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