10-25-2010, 09:23 PM
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Can a mortgage lender use their own...
...credit score in a real estate transaction for a borrower? The credit score of the borrower just dropped below the accepted level. The mortgagor is going to try to use their credit score to continue the sale of the house. Is this legal? Can they do this and what does it mean, are they purchasing the home and turning around to sell it to the borrower while making a profit?
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