Birdwatch Note Rating
2023-05-04 05:26:08 UTC - HELPFUL
Rated by Participant: BABFD3CAFEF03E7661D38E62987E9C75A3CB60B5AE0AB3EBC48B645D406B308E
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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