Wednesday, March 18, 2009

FW: Inman AM: Contesting credit blemishes

 

 

Mark Adamczyk

Realtor/Owner
ItsYourSale.com, Inc.
504 N. Wymore Road
Winter Park, FL 32789
Phone: 407-227-6263
Fax: 866-269-5994
Mark@ItsYourSale.com

 

http://www.ItsYourSale.com

 

 

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From: Inman News Headlines [mailto:dailynews@inman.com]
Sent: Wednesday, March 18, 2009 6:59 AM
To: mark@itsyoursale.com
Subject: Inman AM: Contesting credit blemishes

 

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Wednesday, March 18, 2009

Contesting credit blemishes
Credit is king. Don't even think about that terrific interest rate -- let alone that dreamy Craftsman home or upscale downtown condo -- if your FICO is out of whack.

It seems that even veteran loan officers are being forced to ask you for the minutest of details before submitting your loan package to underwriting. "I only need two more pieces of information" can easily be a daily request with even the most complete files still drawing intense lender scrutiny. ... CONTINUED

Apartments drive increase in housing starts
Single-family construction remains flat

Fannie, Freddie REO inventory swells
Eight homes foreclosed for every short sale

FICO system needs facelift
Letter to the Editor


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