Phone Bank – August 24

On Monday, August 24, 4-7 p.m., we’re holding another Facing the Mortgage Crisis phone bank in partnership with 9News and The Colorado Foreclosure Hotline. Up to twenty housing counselors will be on hand to take your calls.

2 Responses to Phone Bank – August 24

  1. Sean McCaffree says:

    Seems I missed the opportunity to share a question to eliminate/clarify a misunderstanding. Does giving the “Deed” back to the mortgaging company constitute a foreclosure on ones credit report?

  2. If you have negotiated a deed in lieu of foreclosure with your lender it is ultimately up to the lender as to how it will be reported to the credit bureuas. You might want to consider contacting the lender to discuss their process for reporting this option and if it has not yet been reported you can always try and negotiate on how it will be reported.

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