Total Bankruptcy         Orchard Bank Mastercard         creditreport.com

Creditinfocenter Blog header image 4

Entries Tagged as 'Mortgage Loans'

Top 10 Cities to Buy a New Home

April 19th, 2010 · No Comments · Mortgages

At a time when U.S. mortgage rates are low, but banks are still hesitant to lend, living in one of these 10 cities means you’re ahead of the curve.

[Read more →]

Tags: ·····

Benefits of the New Home Affordable Foreclosure Alternatives Program (HAFA)

March 1st, 2010 · No Comments · Mortgages, Real Estate

Yes, another government program to help struggling homeowners, this one designed for those who cannot be successfully assisted by the Home Affordable Modification Program (HAMP). Under the Home Affordable Foreclosure Alternatives program ( HAFA), a borrower may be able to avoid foreclosure by completing a short sale or a deed-in-lieu of foreclosure (DIL). Although the outcome is still [...]

[Read more →]

Tags: ·······

Many Mortgage Lenders Have Yet to Adopt FICO 08

September 16th, 2009 · 1 Comment · Credit Bureaus and Scores, Credit Reports

When Fair Isaac Corporation (FICO) rolled out their “new and improved” FICO 08 credit scoring model last year, hopeful consumers with single derogatory incidents on their reports anxiously awaited the possibility of improved credit scores under the new system. The updated scoring model, developed in part in response to the subprime mortgage crisis, minimizes the effect of small, missed payments listed in [...]

[Read more →]

Tags: ·······

The United State of Credit in America

February 27th, 2009 · No Comments · Consumer Info, Credit Reports

Bet I got your curiosity peaked with that Title! Any guesses what we are talking about (other than the state of  “poor”, or “no”)? All kidding aside… We ran across a kind of cool interactive map of the United States that shows which parts of the country are defaulting on mortgage and credit-card loans. The [...]

[Read more →]

Tags: ·····