The impact of short sales, loan modifications, foreclosures, and now, a deed-in-lieu on one's credit standing has been difficult to predict. It keeps changing.

I'm always on the lookout for information to pass along, because this is an important subject. IUnfortunately, too much of what's out there is B.S.  But a friend and colleague, Leissa Gebert, owner-manager of The Mortgage Consulting Group, passed along this article from lindaferrari.com.  I suggest you read it and check the other articles on the same subject.  I don't know Linda Ferrari, but she's good.