The recent economic downturn and the credit market crisis combined to produce immense pressures on American consumers and the real estate banking industry.
Rising unemployment, continuing decline in property values, together with much tighter credit requirements have resulted in increasing numbers of seriously delinquent mortgages and foreclosure actions.
To mitigate the negative impact caused by the crisis, the U.S. government and mortgage lenders developed various programs aimed at helping homeowners better manage their mortgage debt and meet monthly mortgage payments, ultimately hoping to stem foreclosures and keep families in their homes.
Attend the free web seminar to learn how mortgage restructuring programs are impacting consumers’ credit scores. The web seminar will cover the government sponsored modification programs, short sales, foreclosures, and bankruptcy. Further scenarios showcasing the range of score changes based on the financial magnitude of the restructured events will be discussed. A final area of the web seminar focuses on how a consumer may rehabilitate their score in order to gain access to reasonably priced credit.
Speaker:
Sarah F. Davies, SVP, Analytics & Product Management, VantageScore Solutions, LLC
Sign up for this seminar today! Please fill in the below registration form.
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