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Not in these economic times. The banks/mortgage companies have all the foreclosures they can deal with without looking for more. Simply continue to make your payments on time and you won't receive so much as a phone call or letter from them. However, your credit card companies may raise your interest rate (many of them routinely pull updated credit reports and raise your rate for various reasons). Also, don't be surprised if your insurance premiums rise as most insurance companies now use credit score in determining your insurance rates.

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Q: Will being in a debt consolidation program affect my mortgage... I'm a 1st-time homeowner who's never missed a mortgage pyt. Will the bank see that I'm in a debt program and want to foreclose?
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