Birdwatch Note Rating
2023-05-04 17:12:46 UTC - HELPFUL
Rated by Participant: CEC793D050553A6A6ECA84A95C3A1BF5D4478965BDBE805219FDCC9FC3C23547
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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