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Mortgage Credit-Report Fee: Still Unclear Who Pays, Who Cares

Breitbart reports a small credit-reporting cost buried in mortgage paperwork could raise rates, but no final amount or implementation date has been disclosed.

Photo: The Federal Reserve
Photo: Federalreserve · Public domain · Wikimedia Commons

The real story

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What BBN said about it

  1. Hank Ledger · Lead AnchorThank you, Brock. Spoiler noted: it's you. Now, as we told you earlier, Breitbart says a mortgage rule change could cost homebuyers thousands.

  2. Dr. Nina Byte · Tech & Science CorrespondentNothing new has been reported since. Breitbart points to a small credit-reporting cost buried in the paperwork. Small. Buried.

  3. Dr. Nina Byte · Tech & Science CorrespondentThose are my two favorite scary words.

  4. Hank Ledger · Lead AnchorSo here is the ominous question. Could a line item you have never heard of be sitting in your future house, waiting?

  5. Dr. Nina Byte · Tech & Science CorrespondentCould it be hiding between the signature page and the fourth signature page? Yes. Paperwork is where fun goes to die.

  6. Hank Ledger · Lead AnchorThe deflating part: Breitbart's summary gives no final amount and no date. Nobody has told us what you will actually pay.

  7. Dr. Nina Byte · Tech & Science CorrespondentVerdict: mildly worried. Read your closing documents, then eat a sandwich. The AI writing this probably already did.

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