Forbearance Numbers Are Lower Than Experts Forecasted

-

 Forbearances have stayed well under the rate experts initially forecasted. Let's connect if you have questions about your options.



Comments

Post a Comment

Popular posts from this blog

Happy Holidays!!

-
Image
Happy Holidays!  I hope you are enjoying the season.  The year 2014 is about to end and I wanted to wish you a  happy holiday season.   Soon 2015 will be upon us and we will all embark on new and exciting adventures.  I wish you good luck in 2015.  Thrive!!
Read more

Buying a Home...Ask for a CLUE Report

-
Image
People purchasing a used car have most likely heard of CARFAX vehicle history reports to help them avoid buying a car with costly hidden problems.   Less likely are buyers to know that there is a way to discover some of the repair history of homes they are interested in. Lexis Nexis C.L.U.E. (Claims Loss Underwriting Exchange) is a claims history database that enables insurance companies to access consumer claims for the previous seven years when they are underwriting a risk or rating an insurance policy. An insurance underwriter could identify a previous claim for substantial damage to a property and try to find out whether the repairs were completed properly before assuming the risk as a new insurer.   Similarly, a buyer could benefit from knowledge of former claims that may affect the value of the property or possible, future repairs. A CLUE report can discover insurance claims on a home to investigate whether the repairs were done properly.   These report...
Read more

How FICO 9 May Increase Credit Scores

-
Image
  Information is brought to you by Hope Leitner Berkshire Hathaway HomeServices California Properties How FICO 9 May Increase Credit Scores How medical debt and other collection items are tallied in a credit score is changing, potentially increasing the credit scores of millions of people. Called the FICO 9, the new credit score changes how medical collections are treated from non-medical changes, such as credit cards. A medical debt will now damage a credit score less than paying a credit card bill on time, for example. FICO 9 came out in 2014, but the improved credit scores could just now be coming to fruition for many consumers because it can take a few years for banks and other lenders to implement the new system. The new FICO 9 score should give responsible borrowers better access to credit and lower rates on existing credit once the changes are accepted by the industry. Part of the thinking behind the changes is that for many people facing medical debt collections, it isn’t s...
Read more