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: California Credit Law BlogMortgage Modifications Affect Credit Scores
By Kemnitzer, Anderson, Barron, Ogilvie & Brewer
Borrowers taking part in the Obama administration's mortgage modification program are being hit with "partial payment" notifications in their credit reports. This damages the borrower's credit even though the borrower may never have been late in payments. For more information, see the NY Times "bucks" blog dated January 5, 2010.
Full post as published by California Credit Law Blog on January 11, 2010 (boomark / email).
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