Birdwatch Note Rating
2023-05-04 13:43:31 UTC - HELPFUL
Rated by Participant: D1711977EBEA754A933D4A652285D7CD1A2923345D06CDC607F72CC629A6968D
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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