Mortgage Refinance Piggyback' credit histories continue to mislead lenders by Bad Credit Loans Mortgage Refinance Loan London

by Bad Credit Loans Mortgage Refinance Loan London @ Mon, 11 Feb 2008 07:00:05 -0700

WASHINGTON So-called piggyback credit-score inflation schemes for applicants haven't been reined in despite industry pledges to do so. As a result lenders continue to be misled into treating loan applicants with poor credit as prime-credit candidates worsening already critical fraud and delinquency problems in the mortgage market. Make sure that the drop in interest rates is enough to make a refinance mortgage loan worthwhile.