Wealth Builder University Blog

Couple Awarded $1 Million For Bad Credit Reporting

Every once in a while it's nice to see that the little guy wins.

Below is an article from a mortgage industry newsletter we subscribe to that had a sad story with a relatively happy ending.

Good luck.

Alex Weiss
WealthBuilderUniversity.com , co-founder

Couple Awarded $1 Million For Bad Credit Reporting

With spotless credit, Reed and Mary Ann Fisher had always paid their mortgage on time, but a two-year nightmare began when Wells Fargo started to falsely report them as delinquent.

Even after the mortgage was transferred to Freddie Mac, the original lender did not clean up the credit report as they had told the couple, but rather went on reporting them to the credit agencies and even began foreclosure proceedings on the property to which they had no claim.

The rest of the article can be found at http://www.mortgageledger.com/modules.php?name=News&file=article&sid=2463

How old are you really?

One of my business associates sent me a great calculator.

It calculates you Real Age (sometimes called Health Age) which is different from your current physical age.

Check it out.  http://www.peterrussell.dreamhosters.com/Odds/RealAge.php

It was an 'eye opener' for me.

Alex Weiss, co-founder
www.WealthBuilderUniversity.com

Retire Early? Fugetaboutit!

If you were planning to rely on social security to help fund your early retirement (age 62), perhaps you should make other plans.

The  Center for Retirement Research at Boston College has released a new Issue in Brief:

"Promoting Work: Implications of Raising Social Security's Early Retirement Age"

The bottom line is that the thinking at the ivory towers might be the sign of the direction our government in Washington is thinking about. 

Retiring at 62 may soon be a thing of the past - as if it's not already.

Check out the full report at http://clicks.581z.com/v/?u=b33cb9e91571e6c859599334b84ca154&g=417&c=711&p=0f9fe2a8a5ea9d2087ae3b42afa57aa2&t=1

Good luck to us all.

Alex Weiss, co-founder
www.WealthBuilderUniversity.com