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Bud Zeller's Blog

By Bud Zeller | Broker in Placerville, CA

Mortgage modifications help borrowers with other loans?

According to a study by TransUnion, borrowers who received mortgage modifications after missing payments are more reliable borrowers in the future – for all types of loans, including credit cards and auto loans – than those who did not receive a modification.

Read the full story at: http://blogs.wsj.com/developments/2012/06/28/study-mortgage-%E2%80%98mods%E2%80%99-help-borrowers-%E2%80%93-with-other-loans/

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