Birdwatch Note Rating
2023-05-04 06:10:50 UTC - HELPFUL
Rated by Participant: C7E50CDAB91E52D696CF4766293C92C79987655963CD243B8E45771833F19566
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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