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Archive for October, 2012

Could A National Mortgage Strike Change Foreclosures?

Could A National Mortgage Strike Change Foreclosures?

A mortgage strike has started in Cleveland, but will this idea spread nationwide? Will it reduce foreclosures or mortgage rates? According to the Cleveland Plain Dealer, a local group called Empowering and Strengthening Ohio’s People (ESOP) believes that “banks should reduce the principal on underwater mortgages because home values have fallen so far in Northeast Ohio.” […]

Posted in: News
Is Your Mortgage Credit Score Right?

Is Your Mortgage Credit Score Right?

If you’ve thought about financing or refinancing a home then you know the value of a solid credit score. The better the score the lower your mortgage rate. Unfortunately, the government says that after looking at 200,000 credit files it found one out of every five credit scores purchased by consumers actually differed from the […]

Posted in: News