Friday, October 8, 2010

Foreclosure Crises Steepens With Resets 2011

more at the link
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The Second Wave of Mortgage Defaults

12/21/09 Baltimore, Maryland – Our economy is about to relapse into the disease that sent us into the Great Depression: Part Deux. Subprime loans caused the initial illness. Option-ARMs will cause the relapse.

In the first half of the past decade, subprime loans were king. They were cheap and easy to get approved. Along with the subprime boom came subprime adjustable-rate mortgages (ARMs), which were equally easy to afford…for a while.



Credit score is key to refinancing your home. Repairing your credit is more than credit dipute and dispute letters; rather improving your bad credit score requires rebuilding your credit report with good credit accounts, payment history, mix of credit and utilization.

Call an affordable professional at Consumer Credit Capital. They won’t take a dime unless they can prove their ability to help you raise your credit score.

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