New Report: 1 in 10 Consumers Have Incorrect Credit Score

By Sean Coffey, Program Manager, Foreclosure Help The Federal Trade Commission released a report today (focused on credit report errors at the three large credit reporting agencies (Experian, Equifax, and Transunion) and found significant mistakes, with one in ten consumers … Continue reading

1 in 5 consumers receive a different credit score than their lender

By Sean Coffey, MPA, Program Manager of ForeclosureHelpSCC A recently released report by the Consumer Financial Protection Bureau raises some serious concerns about credit scores and the credit bureaus that create the scores. Credit scores are important because they are … Continue reading

What is a Credit Report and Why is it Important to You?

Editor’s note: If you haven’t applied for the Independent Foreclosure Review yet, there is still time, but the deadline is December 31, 2012.  For more information, visit our blog: Independent Foreclosure Review Deadline is December 31, 2012. Learn How to Apply Here.  … Continue reading

How Can the Consumer Financial Projection Bureau Assist You With Credit Reporting Issues? Our Blog Explains How.

By JoAnn Parrott, Housing Counselor at Project Sentinel, one of the members of ForeclosureHelpSCC. WHAT IS THE CONSUMER FINANCIAL PROTECTION BUREAU (CFPB)? In July 2010, Congress passed and President Obama signed the Dodd-Frank Wall Street Reform and Consumer Protection Act.  Part … Continue reading

Mejorando El Credito Despues De Una Ejecución De Hipoteca O Venta Corta

By Aurora Olivares, Housing Counselor at Project Sentinel, one of the members of ForeclosureHelpSCC Construir y mantener el crédito esta frecuente en las mentes de los dueños de casa aquí en San José y Sunnyvale. No es ningún secreto que su crédito … Continue reading

Rebuilding credit after a Foreclosure or Short Sale

By Aurora Olivares, Housing Counselor at Project Sentinel, one of the members of ForeclosureHelpSCC Building and maintaining credit is frequently on the minds of homeowners here in San Jose and Sunnyvale.  It’s no secret that your credit takes a hard … Continue reading

Foreclosure Help’s Update on the Independent Foreclosure Review, Debt Collectors, Making Home Affordable, Hispanic Homeownership,and “Zombie Foreclosures”

1) UPDATE: DEADLINE EXTENDED TO APRIL 26th, more information here. Today is the final day for homeowners to mail their registration forms for the Lending Discrimination Settlement between the Department of Justice and Countrywide Financial Corporation.  Borrowers must mail their … Continue reading

Event Focuses on Stabilizing Homeownership after Foreclosures in California

Editor’s note: This is post #1 in a two-part series.  You can read part 2 here. By Sean Coffey, Program Manager, Foreclosure Help The California Housing Consortium recently sponsored the 1st Annual  Homeownership Forum.  The theme for the day was … Continue reading

Consumers should also have access to their credit scores for FREE, considering how important the score can be in determining your cost/access to loans, employment decisions, and whether or not you can rent an apartment. Rebuilding your credit after a … Continue reading