Birdwatch Note Rating
2023-05-04 11:05:09 UTC - HELPFUL
Rated by Participant: EEBAECA4FFA9546B9B5923377310FDFC12E5426D263A79440768957FDD597729
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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