Foreclosure - Transferred Lenders -- Double dinged!

[Anonymous]

Hi all -

I foreclosed on my home -- 2 mortgages (a First with Citibank and a 2nd with PNC).

My Credit report lists "3" deliquent accounts. 

The PNC 2nd.  That is okay -- I expected that! 

The Citibank 1st.  That is okay - I expected that! 

A Pennymac 1st (which was clearly the same mortgage that must have been purchased by Citibank).   

I feel like I am getting double dingged.  How do I fix this?

Thanks for any help! 

[ShanetheMortgageMan]

Really depends on the sequence of events.  Did the PennyMac mortgage go into foreclosure, and then during the foreclosure process, was sold to Citi?  If so, then you should just have a "foreclosure process started" notation on PennyMac but Citi should have the actual foreclosure.  You should be able to get a copy of the foreclosure deed which would show which lender foreclosed, and then start discussions up with the other lender and find out why they are reporting a foreclosure when they didn't actually foreclose.