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boulder creek short sales: Research looks at how SHORT SALES affect scores - 11/30/11 09:58 AM
Research looks at how mortgage delinquencies affect scores How much impact does a short sale have on FICO® Scores? How about a foreclosure? Since I frequently hear these questions from clients and others, I thought I’d share new FICO research that sheds light on this very subject.The FICO study simulated various types of mortgage delinquencies on three representative credit bureau profiles of consumers scoring 680, 720 and 780, respectively. I say “representative profiles” because we focused on consumers whose credit characteristics (e.g., utilization, delinquency history, age of file) were typical of the three score points considered. All consumers had an active … (0 comments)

 
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Patti Lyles, Santa Cruz County Short Sale & REO Agent (831) 335-2100

Santa Cruz, CA

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Century 21 Showcase, REALTORS®

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