Writing Mortgage Application Essay

As if getting a mortgage wasn’t hard enough these days Wells Fargo has added an essay question.

According to a report by the New York Times, Linda Falcão and her husband were asked to write a “motivational letter” as a part of their recent Wells Fargo mortgage application. This essay, akin to one you might write as a part of a college application, has become a new stipulation of applying for a mortgage at Wells Fargo.

Although a seemingly add requirement the real concerns lie in the themes Wells Fargo requires applicants to address. For example, why they were moving and their specific plans for increasing or decreasing the size of their family or property in the future. These kinds of questions raise concerns of possible violations of the Fair Housing Act, a law enforced by the Department of Housing and Urban Development (HUD).

The Fair Housing Act is intended to prevent the discrimination of lending based on disabilities, sex, or family status. This essay certainly probed into these areas relative to Ms. Falcão’s family. The New York Times quoted Ms. Falcão a civil rights attorney, as saying, “It’s wrong and invasive to ask people about their family plans” and that she was very much offended.

In addition to the questions of family size, which was coupled with a larger topic about property size, the Wells Fargo request asked questions and requested documentation about commuting distance and other properties the family might own in the local area. The intent of the lender seemed to be verifying the home as their primary residency and occupancy, which a Wells Fargo spokesman confirmed in their official statement.

The “motivational letter” request was tied to the mortgage commitment letter, offering to approve their loan if they asked the questions and provided additional documentation. Ultimately Ms. Falcão wrote the letter and Wells Fargo approved their mortgage loan.

FHA Logo - Wikipedia.org

Are you looking to buy your first home and wondering where to start?

If you have done any research on first-time home buying you have probably heard about FHA home loans. However, there is a good chance no one took the time to explain what exactly a FHA loan is and how it can help you buy your first home.

First-time Home Buyer

The Federal Housing Administration (FHA) is a division of the US Department of Housing and Urban Development and their primary mission is to help more Americans to become homeowners. They don’t actually lend you money for a home or give you a mortgage, but they use the full faith and credit of the US government to insure your home loan.

This government mortgage assistance makes it much easier for you to buy your first home.

An FHA loan can help you secure a lower down payment, reduce closing costs, and make it easier to qualify with less than perfect credit.

FHA Mortgage Loan Eligibility

To provide this government mortgage assistance to first-time home buyers FHA provides 203b mortgage insurance under the following qualifying conditions:

• The mortgage company, bank, savings and loan association must be an approved FHA lender
• The home purchase or refinance must be for a principal residence
• The borrower must meet standard FHA credit qualifications
• The borrower must be eligible for approximately 96.5% financing
• The property must be a 1-to-4 unit structure
• The mortgage must be within the FHA mortgage loan limits for your local real estate market

Other FHA Loan Programs

203k Rehabilitation Program - Are you a handyman and looking to get a bargain on a fixer-upper home? Then the FHA 203k Rehabilitation Loan might be a great mortgage option for you. This unique home financing program allows for you to purchase or refinance a home and include the cost of making needed repairs and improvements to the property.

Learn more about 203k Rehabilitation Program requirements:

• Funds for Handyman-Specials and Fixer-Uppers [HUB.gov]

Reverse Mortgage or Home Equity Conversion Mortgage (HECM) – This government mortgage assistance is intended to help seniors withdraw some of the equity from their homes to give them greater financial security. Many elderly Americans own their homes and have been financially responsible and hard working their entire lives, but are finding their fixed income insufficient. A reverse mortgage or HECM can help these seniors supplement social security, pay for unexpected medical expenses, or make necessary home improvements.

Learn more about Reverse Mortgages and HECM requirements:

• Top Ten Things to Know if You’re Interested in a Reverse Mortgage [HUD.gov]

Energy Efficient Mortgage (EEM) - Everyone is trying to Go Green and the government is no exception. The US government wants you to Think Green and they are willing to provide FHA mortgage assistance to make your home more energy efficient.

Learn more about Energy Efficient Mortgage requirements:

• Energy Efficient Mortgage [HUD.gov]

Manufactured (Mobile) Home Programs - HUD is not only concerned about the affordability of housing, but also wants to ensure the health and safety of their homeowners. Manufactured housing is one of their key areas of concern for protecting homeowners–specifically enforcing the federal manufactured home construction and safety standards and administering dispute resolution.

Learn more about Manufactured and Mobile Home programs:

• Office of Manufactured Housing Programs [HUD.gov]

More Resources for FHA Loans:

• Why Ask for an FHA Loan? [HUD.gov]
• Let FHA Loans Help You [HUD.gov]
• Buying a Home [HUD.gov]

Do you want more information on FHA loans from an FHA-licensed mortgage broker?

Use the LendingTree mortgage process (select your loan type, home type, and property state) below this article. Very quickly you will have up to 4 expert mortgage lenders competing to give you the best answers and service for your mortgage needs.

Historic Mortgage Rates

Whether you are a current homeowner or thinking about buying a new home, your mind is definitely on mortgage rates. More specifically, what have mortgage rates and payments been historically? To answer the burning question:

Is this the right time to buy or refinance a home?

That’s why we sent out our Morning Mortgage Notes researchers to find and compile this data so you can make a more informed mortgage decision.

We’re going to tackle this question in two ways:

• What has the historic trend of mortgage rates been?
• What has the historic trend of average mortgage payment been?

With these two pieces of data and a general idea of how long you intend to be in your house you can get a really good idea if mortgage rates are ideal for locking in the low refinance opportunity or affording that once in a lifetime home bargain. As you can see I am giving away a little bit of the bottom line with these mortgage rate and payment historical statistics.

A quick scan down the page will spoil the poorly kept secret that we are at historical lows for mortgage rates and payments–like since the beginning of recorded mortgage data time historical. But, this kind of data is useful all the same because it gives you confidence and facts to take into your refinancing or home buying mortgage process.

10 Year (2000-2010) Historical Mortgage Rate Trend

Let’s start with a shorter time horizon–10 years of mortgage rate data. I start our analysis with this time period for two reasons.

First, considering the state of the housing market this is the likely time horizon for a homeowner or new home buyer to remain in their home and there mortgage. It’s worth noting that this expectation is notably lengthened since the refinance boom of 2004-2007.

Second, this historic period gives us a fair representation of what a full mortgage rate cycle might look like. As you can see in the graph below rates trend from a high in 2000, bottom out between 2003-2005, and begin to rise in 2006-2008 before shifting down again in 2009 to present.

The obvious conclusion in this graph is that 2010 is a historic bottoming out of mortgage rates and considering the extended period of very low rates you can assume a steeper climb-out (i.e., rapidly rising mortgage rates) to more closely match the rapid rate declines from 2000-2003.

20 Year (1990-2010) Historical Mortgage Rate Trend

Now as we move into a longer series of mortgage rate data it’s obvious that are basic premise is still intact–mortgage rates are at historic lows.

However, there are a few additional interesting observations to be made on this rates graph.

First, current  mortgage rates are well below any “average” mortgage rate level. This means that we are very possibly at a historical floor and any rise in rates is very unlikely to drop back down to these levels.

Second, if this period is to represent a longer-term mortgage rate cycle you can easily see the future–a steep rise in interest rates. And if these rates don’t represent the bottom, we would again be headed into another unprecedented economic scenario.

The obvious conclusion to make from this chart is that we are at a historical mortgage rate low. It is also logical to conclude that given the increasingly positive outlooks on the economy, mortgage rates are poised to rise in the near future.

10 Year (2000-2010) Historical Mortgage Payment Trend

As you might expect mortgage payments, in the following two graphs, track similar paths. Probably the most important conclusion to make with this data set is to feel the same sense of urgency in considering your home refinance or new home purchase–average mortgage payments can shift hundreds of dollars in a matter of months.

Unfortunately, the real danger in rising mortgage payment is left unaddressed by this representation of mortgage payments. The real rise in mortgage payments in the current and future mortgage market is the cost of mortgage insurance.

Over the past several years private mortgage insurance (PMI) was taken out of the mortgage payment equation by piggy-back home equity loans and lines. This process reduce the total mortgage payment by allowing the borrower to still put less than a 20 percent downpayment and avoid mortgage insurance fees. This is no longer the case. Nearly all mortgage loans financed at greater than 80 percent of the value of the home will need mortgage insurance.

In addition, because of the large losses incurred by these mortgage insurers during the collapse of home values their fees are on the rise. Even government mortgage options, like FHA loans, are raising their rates for mortgage insurance.

20 Year (1990-2010) Historical Mortgage Payment Trend

In this mortgage payment graph I again lengthened the historical time period to give you a true realization of the unprecedented market we are experiencing. Not only does the graph below show average mortgage payments at the lowest point in 20 years, these rates are approximately $800 lower per month.

Let’s think about that spread in average mortgage payments. In just one year that is a savings of $9600–without even considering interest savings. You certainly don’t want to be paying at the high point of this trend.

Even though this is a long-term graph take a look recent average monthly mortgage payment history–specifically 2003-present. You are still talking about a difference of nearly $300 in monthly payments. And looking even closer you can see that the changes are volatile, moving $100-200 within a period of months.

Historical Mortgage Payment Trend (1974-2010)

At this point we have really squeezed out all of the good learnings on historical mortgage rates and average monthly payments from this data. However, I decided to stretch the timeline all the way out to the maximum of the data sets. This is where the real mortgage opportunity reveals itself in the current market.

It’s obvious that we are at the historical low point for mortgage rates and payments. It is also clear that the 1980s showed us a dramatic and unique high water mark for mortgage rates and payments. However, the big takeaway should be in where the equilibrium (or average) point seems to be for historical mortgage rates and average mortgage payments. If you review the graphs those points of equilibrium in a normal mortgage market are a whopping 8-9 percent mortgage rate and $1550-1650 average mortgage payment–contrast that with 4.5 percent and near $1000.

The conclusion is really quite simple:

Mortgage rates and mortgage payments are at not only historical low points, but at unprecedented low levels. The good news is that you are considering your home refinance or home purchase in this unique mortgage market. The bad news is you could miss it and even avoiding a return to the extreme mortgage rate and payment environments of the 1980s you are looking at mortgage rates rising 2-3 percent and mortgage payments rising $300-600 in the near future.

Don’t you think it is time to review your mortgage options?

"Cash-in" Refinance, A Smart Investment Move

Could your best investment right now be in your home?

Considering the crash in home values over the last couple of years, the suggestion seems absurd. However, with the best bank rates on savings and CDs paying under 1 percent and the stock market’s instability, your mortgage may be your best investment.

With mortgage rates consistently reporting record new lows each week, homeowners are trying to figure out how to lock in these long-term savings. Many are faced with homes that are currently worth less than their original mortgage, but plan on living in their current home for the foreseeable future.

This scenario could be good news for borrowers with savings, good credit, and a stable job. You can lock in an all-time low mortgage rate, pay down your mortgage, lower your payment, and get a healthy return on your investment.

Reversing the refinance boom trend of cash-out refinances from a few years ago, Freddie Mac is reporting that 22 percent of borrowers who refinanced early this year paid additional money at closing. This trend is one of the highest cash-in refinance rates in this decade.

This seems to reflect a broader trend of consumers reducing debt and turning away from excessive use of credit. Responsible homeowners seem to be seeing the current rate environment as an opportunity with several smart personal finance advantages.

Lower mortgage rates and adding cash into your current mortgage could bring these smart personal finance benefits:

• Bring mortgage into conforming loan limits (lowering the rate even further)
• Eliminate second mortgages or mortgage insurance
• Lower current mortgage payment
• Accelerate mortgage pay-off
• Shorten mortgage term and total interest paid

Is a “cash-in” refinance a smart move for your mortgage? Get up to 4 offers at LendingTree.com from licensed mortgage brokers who compete for the opportunity to lock in one of the lowest rates in history.

As a homeowner you probably think you are the last person that needs to monitor your credit. You have a mortgage, which probably means you have pretty good credit.

Why would you monitor your credit?

The reasons you need credit monitoring might surprise. The mistakes you find when you check up on your credit report might even surprise you more.

1. Credit Scores are Critical Safety Net in Down Economy

First and foremost, we are in a bad economy. That means your credit score is more important than ever. Your credit report is more than just a means to a mortgage–It touches every aspect of your life. Here are just a few of the ways credit reports are being routinely used in your life daily (some more obvious than others).

• Credit cards
• Lending (auto, mortgage, home equity)
• Insurance (health, life, and auto)
• Renting a home or apartment
• Employment
• Cell phone agreement

In a down economy, credit only becomes tighter and tighter as lenders and businesses get more and more conservative. As a result what’s considered an acceptable credit score can shift significantly. For example, in the past a 580-620 could get you a mortgage loan. In today’s economy you will be hard pressed to find an affordable mortgage with a credit score below 680. Do you know what your credit score is?

2. Banks are Making More Credit Reporting Mistakes

Banks make mistakes. It may be hard to believe, but banks make credit reporting mistakes all of the time.

Credit reporting is largely a function of computers automatically reporting the results of millions of consumer transactions–debits and credits to your credit accounts. But, the errors that could impact your credit score can go far beyond the accuracy of recording your payments.

Here are some of the common errors bank make on credit reports every day:

• Incorrect recording of payment date
• Incorrect recording of payment amount
• Incorrect reporting of credit account
• Incorrect reporting of credit limit
• Incorrect spelling of name or address

These are just a few of the simple data errors that can occur, changing you from a good payer to a delinquent account. And neither you or your bank will likely know the error has occurred unless you are denied for new credit or you are monitoring your credit.

The increase in bank mergers (consolidating various computer systems) and changes to credit card rules (changing the computer processing of these transactions) will only increase the likeliness of banks making more frequent credit reporting errors.

Has you bank made any errors on your credit report?

3. Identity Theft is on the Rise

The biggest contributing factor to your credit score (35 percent) is how well you pay your bills. But, what if you have bills you don’t even know about? Credit accounts that you didn’t even open.

How could this be? Identity Theft!

Identity theft is one of the fastest growing financial crimes in the US with over 11 million victims. The scary part is you might be a victim and not even know it.

According to study done by the Identity Resource Center, 38-48 percent of victims take up to 3 months to detect the identity theft while 9-18 percent of victims are unaware for up to 4 years. It goes without saying that the longer the errors are reported on your credit report the harder and more expensive they are to fix.

Fixing these identity theft related credit report errors is no quick process: 26-32 percent of victims take 4-6 months to correct the errors, while 11-23 percent of victims take 7 months to 1 year to repair their credit.

But, the time to fix credit errors due to identity theft may be the least of your worries–the costs of identity theft can be staggering. Victims in the Identity Theft Resource Center study lost between $1,820-$14,340 and spent between $851-$1,378 to fix the credit errors.

How long are you willing to lend out your good credit rating to an identity thief?

4. Trial Mortgage Modifications are Affect Credit Scores

If that weren’t enough, between errors and thieves there are even more dangers lurking out there. Most homeowners know that not paying your bills will guarantee a bad credit score. But did you know paying your mortgage can kill your credit too?

That’s right! If you are a good mortgage payer and qualify for a Home Affordable Modification Program (HAMP) your credit score is probably already going down. Even if you are on a trial mortgage modification plan your bank has probably been reporting you to the credit agencies as a credit risk.

These government sponsored loan modification programs designed to help good paying homeowners deal with unexpected financial hardship are being reported to the credit bureaus as repayment or partial payment plans. That is a red flag to anyone reviewing your credit report that you are a risk–remember that means employers, insurance companies, and cell phone plans.

If you have even inquired about one of these loan modification programs you need to check the impact to your credit score.

Additional Credit Monitoring Resources

In 2005, prior to the mortgage meltdown, U.S. banks repossessed 100,000 homes throughout the entire year. In July 2010, 92,858 homes have been seized, according to RealtyTrac, a foreclosure and real estate data company.

July Foreclosures Near Record High

July’s foreclosure numbers, up 9 percent from June and up 6 percent from 2009, is approaching the high point of 93,777 in a single month (experienced in the months shortly following the crash). However, that may not be the worst of it–there is little sign of slowing this foreclosure trend.

Again according to RealtyTrac, there were 325,229 “notices of default” filed in July, up from 313,841 in June 2010. In addition, there are reportedly 5 million seriously delinquent homeowners teetering on the brink of foreclosure. Most of these property owners would already be in foreclosure in a normal mortgage and real estate market. However, this is not a normal market.

Loan Modifications and No Home Buyers

Many of these 5 million troubled borrowers are in a unique quandary.

Their mortgage lenders are willing to consider loan work-outs because there is a severe lack of home buyers in market. Meanwhile, loan modifications programs are slow and complex, not helping enough troubled borrowers. And some that are trying to work through the loan work-out process are finding their credit scores dinged and credit problems simply compounding into an inevitable foreclosure anyway.

Why are Foreclosures Still Rising?

The natural question is, “why are foreclosures still on the rise?” The answer is a complex combination of cause, effect, and the lags between.

The original mortgage meltdown and U.S. financial market collapse is nearly two years old, but many of the economic results are just now hitting homeowners.  Immediately following the collapse many U.S. businesses reacted very quickly–rapidly contracting production, reducing inventories, and laying off employees.

Fortunately, many of these employees had unemployment benefits that nearly matched their previous earnings. These benefits were also extended by State and Federal actions. The result, extending the inevitable in the housing and mortgage markets–lots of homeowners that can’t make their mortgage payments and unemployed people that can’t buy homes.

We appear to be in a vicious death spiral of economic cause and effect. Not to be an alarmist, but what happens as very popular 2007 (the waning moments of the mortgage heyday) adjustable rate and negative amortization mortgages hit there “reset” dates?

The percentage of homeowners that owe more on their mortgages than their homes are worth declined in the second quarter of 2010, but few economists are breaking out the champagne. Zillow.com, a real estate data provider, reported a decline in the number of homeowners “underwater” with the current mortgage–21.5 percent, down from 23.2 percent, reported in the first quarter of 2010.

Housing experts, like Zillow’s Chief Economist Stan Humphries, point to two transient factors giving false glimmers of housing stability: California’s double tax credit incentive and high foreclosure volume.

California’s housing demand seems to have been temporarily spiked by the federal and state tax credit incentives. The Federal homebuyer tax credit could have been as much as $8000 with another potential $10,000 credit kicked in by the State of California. This is believed to be responsible for a lift in 20 or 26 California home markets.

The dark cloud on the data lies in the affect of a high volume of foreclosures. A large number of bank seizures are now cleaning out the inventory of underwater mortgages. Unfortunately, even this market trend is likely to be short lived as negative equity mortgages continue to fill housing inventory as a result of continued unemployment and a sustaining recessionary economy.

The Federal Trade Commission (FTC) issued a ban on eight companies marketing loan modification services. The FTC’s statement alleges that “the marketers charged up-front fees and falsely claimed they could get their mortgage loans modified or prevent foreclosure on their homes.”

The following defendants and settlements were named in the FTC’s recent press release:

Federal Loan Modification Law Center - Steven Oscherowitz and other associates settled with the FTC on charges that they advertised and sold a deceptive “Federal Loan Modification program.” Under this program Oscherowitz and his company would charge troubled homeowners up to $3000, often required up-front, in exchange for loan modifications that rarely delivered the promised results, according to the FTC complaint.

• The FTC settlement order includes the following conditions against Oscherowitz:
• Permanently banned from selling mortgage relief services and from telemarketing and good or service.
• Prohibited from misrepresenting any good or service, selling or otherwise benefiting from customers’ personal information
• Required to dispose of customer information properly
• Imposes an $11.5 million judgement, representing the amount customer paid to the defendant while involved in the alleged loan modification scheme

Any moneys collected in satisfaction of the judgement will be paid to injured consumers or the US Treasury. Two additional individuals and three corporate defendants have also settle with the FTC in association with this complaint. The FTC continues to pursue five other defendants in this matter.

Loss Mitigation Services - Dean Shafer, Marion Anthony “Tony” Perry, and Bernadette Perry (aka Bernadette Carr and Bernadette Carr-Perry) settled FTC allegations for falsely assuring consumers they could provide loan modification for an up-front fee of $5,000.

The defendants were were principals of Loss Mitigation Services, Inc. (LMS) and Synergy Financial Management Corporation, doing business as Direct Lender or DirectLender.com (Direct Lender). These individuals allegedly misrepresented themselves as being affiliated with or an actual department of the consumer’s mortgage lender or servicer.

Shafer and the Perrys were also alleged to have promised consumers refunds if they were unable to provide a loan modification. In many cases, the defendants were not able to secure a loan modification and consumers lost their homes, according to the FTC complaint.

• The FTC settlement order includes the following conditions against Shafer and the Perrys:
• Banned from selling mortgage relief services
• Imposes a $6.2 million judgement (suspended due to their inability to pay)

The FTC also secured a default order against Loss Mitigation Services (LMS) and Direct Lender, banning them from selling mortgage relief services and ordering the payment of $6.2 million.

Under the settlement orders, Shafer and the Perrys are banned from selling mortgage relief services. The orders also impose a $6.2 million judgment that is suspended due to their inability to pay. In addition to the orders against Shafer and the Perrys, the FTC obtained a default order against LMS and Direct Lender, banning them from selling mortgage relief services and ordering them to pay $6.2 million.

Hope Now Modifications - Salvatore and Nicholas Puglia, Hope Now Modifications LLC and Hope Now Financial Services Corporation settled FTC allegations that they falsely assured consumers they could obtain mortgage loan modifications and would refund their money if they were unsuccessful. The defendants also claimed to be affiliated with the HOPE NOW Alliance, a free federal homeowner assistance program, according to the FTC complaint.

The FTC settlement order includes the following conditions against the defendants:

• Banned from selling mortgage relief services
• Prohibited from misrepresenting any good or service, violating the Telemarketing Sales Rule, selling or otherwise benefiting from their customers’ personal information
• Required to properly dispose of their customer information

The FTC settlement order also places a judgement of nearly $5.3 million that will be suspended when the defendants surrendering all of the funds in their bank accounts, which are currently frozen by court order.

These settlements are just the latest in a series of investigations focused on marketers targeting financially distressed consumers. Recently, the FTC has also issued warnings to free credit report websites and settlements against debt relief services.

Note: All FTC settlement orders are just that, settlements. They do not constitute an admission by the defendant of violating and laws.

For those homeowners that are having trouble paying their mortgage the FTC has released this video to help you avoid foreclosure scams:

Marketers peddling a “Rapid Debt Reduction” program and false promises to reduce consumers’ credit card interest rates have been fined $1.5 million by the FTC. Under court order the principals have agreed to pay the fine in restitution for their debt relief scheme, which claimed interest rate reductions in exchange for an up-front fee of up to $899. The fines will go to refund defrauded consumers.

This FTC action is just one of several filed as part of a collaboration with law enforcement, known as “Operation Short Change.”

In this FTC complaint principals and affiliates of Mutual Consolidated Savings (MCS) used cold calls, pre-recorded “robocalls,” and the Internet to pitch a fictitious “Rapid Debt Reduction” program. This false debt relief program collected between $690 and $899 from consumers in exchange for promises to reduce credit card interest rates, save them thousands of dollars, and pay off their debt three to five times faster than current repayment plans.

In addition, the defendants allegedly broke numerous Do Not Call (DNC) and Telemarketing Sales Rules (TSR) including calls to consumers on the DNC, failing to honor request to stop calling, transmitting fake Caller ID information, failing to identify themselves on calls, and making illegal robocalls.

• The FTC settlement order includes the following conditions against the defendants:
• Bans the defendants from working in the debt relief industry
• Prohibits them from misleading consumers or helping anyone else mislead consumers about any material facts regarding goods or services they are selling
• Must comply with TSR and DNC rules
• Pay approximately $1.5 million (all available assets) to be distributed to injured consumers
• If the defendants have misrepresented their financial assets they will be ordered to pay the full $22.5 million of alleged consumer injury

Note: All FTC settlement orders are just that, settlements. They do not constitute an admission by the defendant of violating and laws.

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The Federal Trade Commission has issued warnings to 18 websites offering “free” credit reports. The FTC expects each to more clearly disclose the consumer’s right to a free annual credit report under federal law.

According to a press release these warnings were in response to the recent FTC’s amended Free Credit Reports Rule (effective April 2, 2010). This amendment requires that credit report providers more clearly distinguish between “free” credit reports that require the buying of additional services (i.e., credit monitoring) and the federally mandated free annual credit reports available to consumers at AnnualCreditReport.com or 877-322-8228.

The FTC warnings specifically mandate that a disclosure and links to AnnualCreditReport.com and FTC.gov be displayed across the top of each page mentioning free credit reports, throughout the websites. Violations are subject to penalties of up to $3,500 per violation.

The FTC disclosed the following as recipients of these warning letters:

National Credit Report.com LLC

• NationalCreditReport.com

Quinstreet, Inc.

• FreeCreditReport4U.com

MyCreditCenter.com, Inc.

• MyCreditCenter.com
• 3CreditReport.com
• OnlineFreeCreditReports.com

Vertue, Inc.

• My3BureauCreditReport.com
• FreeScore.com
• Free3BureauCreditReport.com
• FreeTripleCreditScore.com
• FreeOnlineReportNow.com

ConsumerTrack, Inc.

• GoFreeCredit.com
• FreeCredit-Reports.net
• Free-Credit-Reports-Repair.com

ConsumerDirect, Inc.

• FreeCredit-Report.net
• SmartCredit.com

Mighty Net, Inc.

• 3FreeCreditReportsUSA.com

Amie Nguyen

• AllFreeCreditReports.com

Amanda Raab

• FreeCreditReportsUSA.com

FTC offers it’s own, tongue and cheek public service website and advertising for free credit reports: