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It is not "illegal" - there is no law that says they HAVE to report at all. They only are legally prevented from inaccurately reporting good trades as delinquent, not the other way around.
pk8183 wrote:I emailed a GW to Angelo Mozilo (Chairman & CEO) asking for a GW removal from 2001 & 2002 (a couple 30 day lates). We have been Countrywide customers since 1999 and have refinanced 3 times with them.I got a call from Angela in the Presidents office...she said that it was illegal for them to make the changes since they had to "accurately report" the payment history.I know it is my fault, but man that kinda chaps me....
pk8183 wrote:I emailed a GW to Angelo Mozilo (Chairman & CEO) asking for a GW removal from 2001 & 2002 (a couple 30 day lates). We have been Countrywide customers since 1999 and have refinanced 3 times with them.I got a call from Angela in the Presidents office...she said that it was illegal for them to make the changes since they had to "accurately report" the payment history.I know it is my fault, but man that kinda chaps me....