Duke Fyffe's (dukefyffe) Blog

Call the fraud units of the three national credit bureaus:Equifax:· To Report fraud, call 800-525-6285 or write to P.O. Box 740250, Atlanta, GA. 39374-0250.· To order a copy of your credit report go to http://www.equifax.com/ or call 800-685-5000 or 800-685-1111.· To dispute information in your r...

The signs can vary, but typical indicators of fraud and/or stolen identity include:· One of your creditors informs you that they have received an application for credit with your name and Social Security number.· Incoming calls or letters stating that you have been approved or denied by a credito...

     There are several ways you can help prevent fraud and identity theft.· Destroy private records and statements.  Tear up or shred credit card statements, solicitations and other private documents that contain private financial information.  Any information you keep, be sure to keep in a secur...

Fraud costs the American economy millions of dollars per year in losses.  Between January and December, 2006, the Federal Trade Commission received over half a million consumer fraud identity theft complaints, with losses of over $400 million reported.  The losses affect consumer savings accounts...

Your credit score is a numerical representation of your statistical likelihood to repay credit that is extended to you.  Scores range from 350-850.  Your score is a "snapshot" of a specific moment and can change with new actions and the passage of time.Until recently, the secrets of credit score ...

The following information was given to me from two of our trusty loan officers.....FYI.....I wanted to pass this information from a few of the investors we are receiving e-mails from in regards to the mortgage market.  The large banks who buy and sell loans on the secondary market (who service no...

And like this old saying advises, Fed Chairman Ben Bernanke and his Federal Open Market Committee probably measured their decision quite a few times before making their recent .50% cut to the Fed Funds Rate. But if the Fed's history of making cuts and hikes in cycles continues - this cut is proba...

Good News!Here is a brief scenario for new measures passed for FHAs.  We will keep you posted as soon as we get the exact guidelines from the investors and how they are going to deal with this.Washington, DC - The U.S. House of Representatives today overwhelmingly passed H.R. 1852, the "Expanding...