Consumer Mortgage News Free mortgage news for current and prospective borrowers from a leading online mortgage industry news publication.
How Do Late Mortgage Payments Impact Credit
FICO says mortgage problems damage credit scores in different ways
May 9, 2011
By EILEEN AMBROSE The Baltimore Sun - McClatchy-Tribune Information Services
The company behind a widely used credit score has some answers for mortgage borrowers who are asking how late payments on home loans will impact their credit. Among the scenarios addressed were 30-day late payments, foreclosures and short sales.
This wire news service story is no longer available.
Distributed by McClatchy-Tribune Information Services.
For reprints, e-mail firstname.lastname@example.org, call 800-374-7985 or 847-635-6550, send a fax to 847-635-6968, or write to The Permissions Group Inc., 1247 Milwaukee Ave., Suite 303, Glenview, IL 60025, USA.