Fannie Mae is increasing length of time a foreclosure will stay on your credit report for purposes of mortgage lending from 4 years to 5 years. http://mortgage.freedomblogging.com/2008/04/03/foreclosures-to-ding-borrowers-credit-longer/
Foreclosure to remain on credit report 1 year longer
April 3, 2008 · No Comments
Categories: credit record · credit report · foreclosure · mortgage application
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