A Break from the Credit Bureaus, Really?

March 21, 2017

It’s true.  A new rule from the 3 largest credit bureaus, the ones who control your credit scores, are giving us a break that could boost some borrowers credit scores.  In short, tax liens and civil judgements will be swept from records, and no longer accepted, unless they conform to the new rule requiring specific information from the original source.

Here’s the full story:

http://www.mortgagenewsdaily.com/03142017_credit_reports_scores.asp

Borrowers and Homebuyers, be sure to discuss this with your lender!