Birdwatch Note Rating
2023-05-04 16:23:38 UTC - HELPFUL
Rated by Participant: C562F6EE3DA11A3D73596BBE12DD963DD5D9FF30A4B63B4933B2C870BB20CBB7
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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