The Federal Trade Commission caught Equifax, one of the three major credit reporting companies, selling their lists of homeowners who made late mortgage payments to a third-party direct marketing specialist. This violates the Fair Credit Reporting Act, and is also about the sleaziest thing you can do – profiting off the financial difficulties of others. [...]

The Consumer Financial Protection Bureau has shifted its attention to the credit bureaus, and their tendency to calculate credit scores they give to the public that vary from the credit scores provided to lending companies. Credit bureaus sometimes provide Americans with credit scores that are different from those that lenders use in deciding whether to [...]

Many homeowners have taken advantage of SEIU’s Where’s the Note website. It helps you generate letters to your bank to ask for evidence that they hold the mortgage note, or the IOU on the property. Bank servicers have routinely lost the note or never fully had it in their possession through the multiple trades and [...]