mortgages: Can One Missed Mortgage Payment Affect Your Credit Rating? "Stevie D." - 01/16/15 12:37 PM

Can One Missed Mortgage Payment Affect Your Credit Rating? Yes! Here's What to Do if You Miss One
 
 
 
Most people don't know whether or not a single missed mortgage payment can have serious consequences for their credit score.
 
The good news is that there are things that can be done to mitigate the damage and help anyone who has missed a payment repair their credit. What are some options to help homeowners get back in the good graces of their creditors?
 
 
 
Own Up To The Mistake
 
The best thing to do is … (2 comments)

mortgages: Supreme Court Law and Mortgages "Stevie D." ReMax - 01/13/15 11:11 PM
 The U.S. Supreme Court on Tuesday 01/12/2015, ruled that borrowers merely need to notify creditors in writing of their intention to rescind their mortgages within three years under a key fair lending law, potentially making it easier for them to walk away from underwater homes.
For additional information : http://www.bloomberg.com/news/2015-01-13/homeowners-win-u-s-supreme-court-clash-on-canceling-mortgages.html


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Steve DeRienzo, "Stevie D."  Your Trusted ReMax Professional"

Steve DeRienzo

"Stevie D." Your Trusted ReMax Professional"

Schaumburg, IL

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