Birdwatch Note Rating
2023-05-04 04:40:13 UTC - HELPFUL
Rated by Participant: C3C66B12E6B44EAAD2F5845A05FC0343C586215C4B173D3143615367E14AA467
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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