Understanding loan modification and principal reduction in San Diego
Understanding loan modification and principal reduction in San Diego Lenders Realty in conjunction with First Choice Solutions has created the “Know Your Options Campaign” to help homeowners navigate...
View ArticleHow Principal reduction on your loan affects your credit
How a loan write-down or “principal reduction” would affect your credit score primarily depends on how your lender reports the transaction to the credit bureaus. I would encourage you to contact the...
View ArticlePrincipal Reduction Today: Tax Consequence Tomorrow
Principal reduction today: Tax consequence tomorrow: I have talked a lot about loan modification programs such as Home Affordable Modification Program (HAMP, both Tier 1 and Tier 2 programs), Home...
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