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Loan Modification
: Mortgage Lender Implode-o-MeterBank Errors Cause Damage to Credit, Distress to Homeowners
By Implode-Explode Heavy Industries
We?ve pointed out cases in which banks? miscommunication and disorganization have caused mistaken foreclosures, but as several recent reports have noted, that?s not the only way in which bank mistakes have affected homeowners.
Some consumers have been surprised to see damage to their credit score after requesting information from the banks.
Full post as published by Mortgage Lender Implode-o-Meter on January 06, 2011 (boomark / email).
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