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Loan Modification

: Mortgage Lender Implode-o-Meter

HR5743: Mortgage Modification's Get Out of Jail Free Card for Credit Scores

By Implode-Explode Heavy Industries

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"Individuals going through mortgage modification may soon receive a bit of padding during the process. That is, if U.S. Representative Jackie Speier (D-Calif.) has anything to do with it. She is proposing a new bill to Congress that would shield a homeowner's credit score from an adverse rating after the mortgage has been modified."

Full post as published by Mortgage Lender Implode-o-Meter on July 23, 2010 (boomark / email).

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