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Loan Modification

: Loan Modification & Home Loan News

Bill would shield homeowners? credit ratings

By Moe Bedard

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Struggling homeowners who get loan modifications to stave off foreclosure often discover that their credit score takes a big hit. A bill introduced on Thursday by U.S. Rep. Jackie Speier, D-Hillsborough, would shield homeowner credit ratings after a loan modification. “To play by the rules, modify your loan and then have it as a blemish [...]

Full post as published by Loan Modification & Home Loan News on July 16, 2010 (boomark / email).

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