When I got to the office this morning, my brother (and partner in the family business) told me to go to Yahoo and watch this video. I did, and thus starts another lovely day in the mortgage business.

A credit report is more than a score. Most mortgage credit reports are called "tri-merges," meaning they are combinations of credit reports from the three major credit bureaus (Experian, Equifax, and Trans-union). And while they provide your three scores, a tri-merged report gives you much more information than that.

Everytime I read or listen to a story about the current mortgage crisis, I find myself yelling at the tv or laptop screen wondering where the standards of journalism have gone.

When various weather events coincide to create a massive cataclysmic event, it is called a perfect storm. It is a rare occurrence, but very devastating.