Your social media feed right now is probably abuzz with claims that the FHFA’s new loan level pricing adjustments (LLPAs) on conventional mortgages favor buyers with bad credit over buyers with great credit. 

“A 620 FICO score gets a 1.75% fee discount and a 740 FICO score pays a 1% fee” reads one screenshot from a Fox News segment making the rounds on social. 

Here’s the thing: that’s not true! 

We’re going to break down the FHFA’s latest loan-level pricing adjustments, most of which are already in effect after being announced details ⇒

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