mrordinary Tracker

Re: Today is APP day! (UPDATE in OP)

mrordinary — Fri, 26 Oct 2012 01:47:35 GMT

Congrats! You're an inspiration!!

Re: What can myFICO do for you?

mrordinary — Fri, 26 Oct 2012 01:12:17 GMT

Wow! You have helped so many people on here and you deserve every bit of congrats! Great job!!

Re: Proof of Paid Charge-Off

mrordinary — Tue, 09 Oct 2012 16:34:29 GMT

I am going to be in the same boat once my file gets to underwriting. Wait until they ask for proof paid. I would not bother the OC to update to paid unless the CO us affecting your utilization. This happened to me. I had to dispute to get the OC to update and my score increased due to the utilization dropping.

Re: 4 yrs Foreclosure/ Submitted proof Waiting on Confirmation from HUD to close

mrordinary — Wed, 03 Oct 2012 18:09:09 GMT

Also,who was the lender?

Re: 4 yrs Foreclosure/ Submitted proof Waiting on Confirmation from HUD to close

mrordinary — Wed, 03 Oct 2012 18:07:40 GMT

Congrats to you! My original balance was $28k. Settlement offer was around $5k in 2011. I've wanted to call but my LO doesn't want me to touch anything yet. Good luck with your home improvements and I'll update when I get more info!

Re: 4 yrs Foreclosure/ Submitted proof Waiting on Confirmation from HUD to close

mrordinary — Sat, 29 Sep 2012 13:05:50 GMT

Oh boy. Well, I have already started the process... If I have to settle, I'll have to scrape together $5k,that was the settlement amount given last year. I'll find out soon enough! Thanks for the info!

Re: 700 Club!!! TU 702

mrordinary — Sat, 15 Sep 2012 23:21:51 GMT

Woooo... Bet it feels good. I imagine that I'll hold my head a little higher when I enter the 700 club!

Re: just hit the 3 year mark after my forclosure but still being turned away by lender..

mrordinary — Sat, 08 Sep 2012 23:07:57 GMT

Yes, you'll need to wait until it has been 3 years to apply. My FC was in 12/2008. My first mortgage app was Dec 2011. Scores were too low, but the LO didn't even bring up the foreclosure. Recent app just went to underwriting. No questions asked about the foreclosure. We are doing FHA.

We were preapproved!

mrordinary — Tue, 04 Sep 2012 22:38:29 GMT

I know it's a small step... But I never even thought we would get this far in less than a year! Our scores went from 566 and 559 in December to 642 and 634.. I'm ecstatic..... Now to house hunt for a builder spec home that's been sitting for awhile! Thanks MyFico fam... I'll be back soon with more questions I'm sure.

Re: 4 yrs Foreclosure/ Submitted proof Waiting on Confirmation from HUD to close

mrordinary — Tue, 04 Sep 2012 21:58:24 GMT

Lol... Oops. The question was were you required to settle the second or did you just do it?

Re: 4 yrs Foreclosure/ Submitted proof Waiting on Confirmation from HUD to close

mrordinary — Tue, 04 Sep 2012 21:57:23 GMT

So... I have a question for you. I have a foreclosure from 4 years ago also. But I was told I didn't have to pay/settle the second mortgage.... It doesn't report as a charge off though. It actually (oddly) reports as Paid/Closed. But as recently as last November they sent me a settlement letter? A little off topic but I wonder if it'll come up when I get to your stage.

Re: And it has begun......

mrordinary — Tue, 04 Sep 2012 21:28:34 GMT

Awesome story! Congrats! I'm glad you stuck it out!

Re: EQ removed CA again- score up 635 (no SW update)

mrordinary — Thu, 26 Jul 2012 22:55:34 GMT

Snce I have been using USAA and SW, I can tell you that SW has been alerting me exactly one day after a change occurs (inquiry, balance update, etc) YMMV. Ifigured this out after I spent 15.96x2 on new reports :-(

Re: Just apped.... Nervous now...

mrordinary — Sat, 21 Jul 2012 00:26:52 GMT

Oh! For anybody who cares...TU98 had me at a 560 yesterday...but TU04 (lender pull) had me at a 619! :smileymad: At least EQ is useful here.

Re: LVNV..gonna settle :( advice?

mrordinary — Sat, 21 Jul 2012 00:19:40 GMT

Just because I want to close out this thread for future readers, I want to report that LVNV settled for 20%! I am just glad it's over.

Just apped.... Nervous now...

mrordinary — Sat, 21 Jul 2012 00:15:47 GMT

Well I made it to a 640 mid. My wife is at 608 mid (builder's lender can only do 640 so trying FGMC now...) I'm extremely nervous.... The one thing she can do to increase her score is pay off an old CO that is impacting utilization..It's making utilization 39% rather than 0-2% so probably well worth the $. I am going to wait and see what FGMC says and if it'll make the process easier at 640 (I suspect it will) then we will pay it. Wish us luck MyFico fam!

Re: LVNV..gonna settle :( advice?

mrordinary — Mon, 16 Jul 2012 22:17:17 GMT

Ok, I called LVNV at the number they provided in the BBB response.... Then I was transferred twice and ended up leaving a message for someone in the complaints dept?? I then tried to call the company they (lvnv) sent my collection to. Capital management says they don't have it either?? Do you think they are in the process of deleting?

Re: LVNV..gonna settle :( advice?

mrordinary — Mon, 16 Jul 2012 21:12:01 GMT

DOFD is May 08.. SOL is 3 years here.

LVNV..gonna settle :( advice?

mrordinary — Mon, 16 Jul 2012 19:26:38 GMT

So the complaints with the BBB and FTC went nowhere. These idiots STILL haven't tried to collect from me and now have added dispute remarks to the entry saying "consumer disputes account info" or something. Sigh. This account was placed as a collection in September so I need to resolve prior to apping for this mortgage.
Has anyone settled with them? Any recommendations as to what percentage to start negotiations?This is out 4 year old debt for a charged off CC... about $1200. Prior to Lvnv, Arrow offered about 19% settlement... I was an idiot and ignored it. Is that a good place to start?

Re: Clarification on 12 mth rule??

mrordinary — Wed, 11 Jul 2012 11:51:01 GMT

To the OP, if you search the boards for FHA under 620 you will find some recent (last 6-8 months) successes from members of myfico who have closed all across the country with less than 620 scores... I'd recommend trying a PFD on that recent collection though. It's much harder to "ignore" recent derogs with lower than 620, usually 640 scores.