Archive for May, 2009

How does mortgage fraud affects the subprime mortgage crisis?

IƱigo asked:


In the actual Subprime mortgage crisis in the US huge amounts of mortgage frauds were discovered. What’s the part that these frauds played in the actual mortgage crisis ? Thanks.

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How does reworking a mortgage affect my credit score?

Greatone76 asked:


I could use the help of potentially reworking my mortgage to be more affordable. It is possible for me to get by without doing so. If I do call my mortgage holder and rework my mortgage for a reduced interest rate or reduced principle how does that affect my credit score?

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