All Posts Tagged With: "credit report"
Is it good not to pay your mortgage loan?
Is it a good thing if you don’t pay your mortgage? The usual answer is a fat “no” after which comes a discussion of foreclosures, diving credit scores, ugly credit reports, deficiency judgments, loan denials and higher interest costs for mortgage loans and automobile financing. And yet there’s a strange and somewhat logical theory floating [...]
25May2011 | Peter G. Miller | 1 comment | Continued
What Is A Mortgage Loan Worksheet?
Starting in 2010 the government introduced a new Good Faith Estimate form which required lenders to spell out loan costs in very precise and standardized language — information which lenders must honor at closing. The new form from HUD has raised a question among some lenders as to whether a pre-approval letter or a pre-qualification [...]
1Jul2010 | Peter G. Miller | 0 comments | Continued
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