Birdwatch Note Rating
2023-05-04 09:07:48 UTC - NOT_HELPFUL
Rated by Participant: E79A90E7E7DEE66580EFD32BE6CDA8327305C83B48EB59D526FDD47E59479BF6
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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