Big Changes Coming to Millions of Credit Reports in a Few Days » Mortgage Masters Group

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Overall household debt is now 16.2% above the 2013q2 trough. mortgage balances, the largest component of household debt, increased again during the third quarter. Mortgage balances shown on consumer credit reports on September 30 stood at $8.74 trillion, an increase of $52 billion from the second quarter of 2017.

Because large-scale changes typically take months for the effects to be known, it’s still possible that loan limits will not be reduced in the coming months. If you’re considering refinancing a mortgage or purchasing property, if possible, get qualified with a lender now, even if you don’t plan to purchase right away.

The iShares investment grade corporate bond ETF known as LQD saw $424 million of outflows over those two days. And the iShares. for the Americas at Credit Suisse Group AG. “Looks like a one-off.

There are several important changes to credit reporting and scoring coming in the next few months. The removal of some tax liens and judgments from credit reports is an important one that may increase some consumers’ credit scores. However, any score increase will likely be minimal and in rare cases your scores could drop.

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A few days after its initial announcement, the credit bureau revealed that the hackers took advantage of a security gap that it had known about since that March but had failed to fix. All said, the.

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