Birdwatch Note Rating
2023-05-04 07:31:54 UTC - HELPFUL
Rated by Participant: D1BBB23AB57D89095B9978DD9F07F7F620B139C2D8253633BA8E2052F4F1D01C
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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