VIEWS: 2 PAGES: 1 CATEGORY: Social Sciences POSTED ON: 5/22/2010
The current debacle in the subprime mortgage market has made all lenders somewhat skittish about future business and, while getting a loan will be possible for most borrowers with acceptable credit, it makes sense to make yourself attractive as a borrower while anticipating fees and conditions you might face, suggests the Financial Planning Institute, Denver, Colo. Remember, you have the right to a free credit report annually from each of the major credit rating agencies-Experian, TransUnion, and Equifax-but order them (they are available from www.annualcreditreport.com) at staggered times throughout the year so you can catch potential errors as they occur and have the firms make the proper adjustments.
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"MORTGAGE MARKET: A SCARY NEW WORLD"Please download to view full document