Real estate blog entries tagged with credit fraud by Larry Bettag

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Home : Blogs : Larry Bettag Illinois FHA Specialist : Lending and everything Midwest - Larry's blog : Tag "credit fraud"

credit fraud: After you apply for a mortgage.....Don't move til after close! - 07/08/10 10:49 AM

Here's the deal Your credit will be re-pulled prior to closing! Book it! Bank on it! Expect it! Last month we had about 1500 closings and two issues came up prior to closing. One person had new credit because of a recent purchase and the other person had just "looked" into obtaining credit. The real issue is this. Don't do anything once you've applied for a loan. After you've gone to closing,
then you can go purchase items til they come through your wazoo, but until then....
Fogettaboutit! Recently, I've seen companies getting bit in the butt by this new rule. … (63 comments)

credit fraud: Countrywide Announces Identity THEFT by one of it's employees. - 09/18/08 11:41 AM

This post is not there to throw Countrywide under the bus. They are already living under the bus due to a lot of bad mismanagement. However, this is not to throw them under the bus.
Something bad happened and you as the consumer needs to know. A Countrywide employee took a myriad of CLIENT'S INFORMATION and distributed this information to unauthorized people outside of Countrywide. The ISSUE is that your information may be out there in some evil person's hands. Any company may have experienced the bad employee. What makes this so bad is that this affects so many people. Many of … (6 comments)

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Larry Bettag Illinois FHA Specialist

Saint Charles, IL

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