Birdwatch Note Rating
2023-05-05 01:02:19 UTC - NOT_HELPFUL
Rated by Participant: CCAFA4ABB9D7A84F867D47359F884CC952A08700EFE56BF08ADB1D81DA20E631
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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