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credit score: Do You Know What Is On Your Credit Report? Find Out Free - Really!!! - 01/15/10 11:33 PM
Do You Know What Is On Your Credit Report? Find Out Free - Really!!!
So I was going through my email today, and came across an email from Trans Union reminding me that I hadn't signed into my account with their website to review my credit report since last year.
I check my credit reports and my wife's once a year just to be sure there's nothing on them that I don't know about. But before you rush off and buy a peek of your credit reports, either through the so-called free credit report websites, or pay the credit bureaus themselves, I've got … (5 comments)

credit score: Why a Short Sale is Better than a Foreclosure - 01/05/10 10:50 PM
Why a Short Sale is Better than a Foreclosure
1. Regarding any future Fannie Mae Loans for a primary residence:
Foreclosure- A homeowner who loses a home to foreclosure is ineligible for a Fannie Mae backed mortgage (FHA insured) for a period of 5 years. Short Sale- A homeowner who successfully negotiates and closes a short sale will be eligible for a Fannie Mae (FHA insured) backed mortgage after only 2 years.  
2. Regarding any future Fannie Mae loans for a non-primary residence:
Foreclosure- An investor who allows a property to go to foreclosure is ineligible for a Fannie Mae … (3 comments)

 
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