Birdwatch Note Rating
2023-05-05 11:20:36 UTC - HELPFUL
Rated by Participant: C6A111E80EEE0542699CA2D4624248B0ED6108AA148472410CCEE70FC9CFF9BC
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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