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Should Loan Modifications Hit Homeowner Credit Scores?
Published:
Tuesday, 20 Jul 2010 | 7:13 AM ET
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Struggling homeowners who get a loan modification soon discover an unintended consequence: a lower credit score.
Rep. Jackie Speier, D-Calif., thinks that's unfair and is introducing a bill to protect homeowners.
What do you think? Should a mortgage modification impact a homeowner's credit score?
Share your opinion:
Related links:
- Homebuilder Confidence Falls, Signaling Slow Growth
- Toll Brothers to Invest in Distressed Real Estate [TOL
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