Posted in Bank Owned Properties, Foreclosure, Hispanic Market, REO on September , 07 | 1 Comment »
Attorney General Richard Blumenthal today announced a lawsuit against several defendants alleging an extensive statewide predatory lending scheme that devastated dozens of consumers.
The defendants are Royal Financial Services, LLC, of Trumbull; First Source Mortgage Solutions, Inc. of Branford; Elizabeth Athan Real Estate, LLC, of Shelton; J.G. Property Management & Investment, LLC, of New London; [...]
Posted in Norwalk Selling Prices, Norwalk, CT Real Estate, Real Estate Inventory on September , 07 | Leave a Comment »
As you can see in the table below, Condos in Norwalk, CT in the price range of $200,000 – $400,000 were sold in August 2007 for over 11% more than those sold in Aug. 2006.
Only one condo was sold in the price range of $600,000 and $800,000, and even though it was sold over the [...]
Posted in Mortgages on September , 07 | Leave a Comment »
Law in Plain Language: Credit Reporting
By Attorney General Richard Blumenthal
Have you ever had difficulty getting your credit report or disagreed with the information on the report? Thanks to a new law, your rights to obtain your credit report and to correct inaccurate information are now significantly stronger .
Effective October 1, 1995, Connecticut residents gained greater [...]
Posted in Credit, Mortgages on September , 07 | 1 Comment »
Who has access to my report?
Anyone with a “legitimate business need” can gain access to your credit history, including:
Those considering granting you credit.
Landlords.
Insurance companies.
Employers and potential employers (but only with your consent).
Companies with which you have a credit account for account monitoring purposes.
Those considering your application for a government license [...]
Posted in Credit, Mortgages on September , 07 | Leave a Comment »
Credit reports are a gold mine of information about consumers. They contain Social Security number, date of birth, current and previous addresses, telephone number (including unlisted numbers), credit payment status, employment, even legal information.
Ordering your credit report once a year and knowing your credit reporting rights are among the most important steps you can take [...]
