Reply
Valued Member
Posts: 27
Registered: ‎04-25-2007
0

mortgage foreclosure sold

I know I have read about this somewhere, but can't seem to find it now.  My husband's ex lost their house after divorce.  Since then, the loan was sold or transferred to another company without any notification.  On his credit report, it states that it was transferred.  Does that re-age the DOFD?
New Contributor
Posts: 60
Registered: ‎03-15-2007
0

Re: mortgage foreclosure sold

Debts cannot legally be re-aged under normal circumstances (although collection agencies try to do it anyway).
Valued Member
Posts: 27
Registered: ‎04-25-2007
0

Re: mortgage foreclosure sold

I think the DOFD is 9/04 because she was losing the house and we paid a set amount to get it back - which didn't catch up on all of the delinquencies.  The newest company it is listed under has that as the dofd.  The prior company has that as the last payment, but the date of delinquency leading to forelcosure 4/01, and due to fall off 4/08.  The other isn't due to come off until 9/2011.
Valued Member
Posts: 27
Registered: ‎04-25-2007
0

Re: mortgage foreclosure sold

I think I just found my answer.  Since the payment was never completely caught up, the original dofd should be 4/2001 even though there were payments made in between, and the account was transferred. 
Established Contributor
Posts: 630
Registered: ‎06-20-2007
0

Re: mortgage foreclosure sold

Question???  I paid off a mortgage in 2005 when I sold my home. On my EX its showing as Closed (transfered) TU showing (Closed) EQ showing Closed(paid).  Is this affecting my scores at all, and should I dispute or leave it?
9/18/08 TU=707 EQ=706 EX=702
Moderator Emeritus
Posts: 9,252
Registered: ‎03-19-2007
0

Re: mortgage foreclosure sold

As these desciptions are not hurting you I would leave it alone.
If you really want them displayed all as "Closed (paid)" as they should be I would send a letter to the OC and kindly ask them to update.
 

so_confused wrote:
Question???  I paid off a mortgage in 2005 when I sold my home. On my EX its showing as Closed (transfered) TU showing (Closed) EQ showing Closed(paid).  Is this affecting my scores at all, and should I dispute or leave it?



Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.

Copyright ©2001-2015 Fair Isaac Corporation. All rights reserved.   | Terms of Use | Privacy Policy | Sitemap

IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more

FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.