Birdwatch Note Rating
2023-05-04 08:27:58 UTC - HELPFUL
Rated by Participant: FCE1F37A59275B2DD2F912294095E537FB11DC64905F09B3D9AB254039404F79
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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