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Loan Modification

: Loan Modification & Home Loan News

Trial Loan Modifications Ruin Credit For Homeowners

By Moe Bedard

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CNNMoney recently received a flood of e-mails from readers complaining about the impact of trial modifications on their credit reports. To be sure, many people who apply for the president’s plan are already delinquent in their mortgage payments, which wrecks their credit backgrounds. And obtaining a trial modification should affect borrowers’ scores because it shows they [...]

Full post as published by Loan Modification & Home Loan News on December 29, 2009 (boomark / email).

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