Unless BofA posted misinformation or made a hard pull, I don't see how BofA could have lowered is credit score.
A 40 point swing is nothing. You credit score fluctuates. And it is never the same between all three credit reporting companies. Complete misreporting... -----Original Message----- From: Vivec [mailto:gel21...@gmail.com] Sent: Wednesday, January 05, 2011 6:35 AM To: cf-community Subject: Bank lowers man's credit score after he asked who owned his mortgage loan. http://www.huffingtonpost.com/2011/01/05/honey-i-shrunk-the-credit-score_n_8 04105.html "Steven Marks knew he was wasting thousands of dollars every month paying the mortgage on a home he bought during the housing bubble that will never be worth that much again. But he'd read plenty of horror stories about people having serious trouble modifying their mortgages due to bank confusion and misbehavior, so before he started looking for debt relief on his Reno, Nev. home, Marks sent a simple request to Bank of America: Could they tell him who owned his mortgage? And could they document it? Marks didn't get the type of response he was expecting. After initially declining to tell him who owned his loan, Bank of America provided a form letter with the name of the current investor a few weeks later. But they also appear to have lowered his credit score, the preeminent measure of creditworthiness that will principally determine his ability to obtain loans in the future" ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Order the Adobe Coldfusion Anthology now! http://www.amazon.com/Adobe-Coldfusion-Anthology/dp/1430272155/?tag=houseoffusion Archive: http://www.houseoffusion.com/groups/cf-community/message.cfm/messageid:332952 Subscription: http://www.houseoffusion.com/groups/cf-community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/groups/cf-community/unsubscribe.cfm
