FICO scoring
Want To Modify or Short Sell Your House? FICO Wants to Knock 50+ Points Off Your Score
August 15, 2009 by admin · Leave a Comment
In the Friday’s edition of the South Florida Sun-Sentinel, Harriet Johnson Brackley had a great article about FICO penalizing homeowners for trying to navigate their way through this housing mess.
As if there weren’t already enough to worry about on the foreclosure front, let me warn you about yet another troubling detail you may not have heard about, if you’re trying to modify your mortgage:
Starting in September, there’s a new guideline for how lenders can report a loan modification to credit bureaus. They can…
