Mortgage Loans

[mere2368]

The house I had with my ex is supposed to have been foreclosed on.  It was stupid mistake I made when I was 18 yrs old there was nothing I could do about it.  By the time I saw the damage (how late everything was) it was too far gone.  Anyway I am trying to start over.  The last payment was made in 2007.  It STILL says foreclosure process started.  From what I understand FHA loans etc, the 3 years after a foreclosure starts from the time they actually auction the house or foreclose on the house??  How the heck am I ever supposed to move on and rebuild my credit if they wont finalize things???  I am so upset.  Its been almost THREE years.  Had they foreclosed when they were supposed to I could have started rebuilding a long time ago.  I am so confused, embarassed, frustrated, everything.  I am so upset.  I made a huge mistake and I just want to move on and do better and show people I am smarter now and I can handle money and loans etc.  This is holding me bacl though.  Is there anything I can do??  This is what its showing:

Mortgage Account Bachomelns

Status as of [?]	Apr, 2010
Date opened [?]	Mar, 2005
Date of last activity [?]	Nov, 2007
Date closed [?]	Not Reported
Account number [?]	XXXX7818
Loan type [?]	Not Reported
Largest past balance [?]	$94,320
Terms [?]	Not Reported
Account Type [?]	Installment
Account holder [?]	Joint
Scheduled payment amount [?]	$1,083

Descriptions [?]

• Foreclosure process started
• Real estate mortgage

No contact information provided by Equifax

Balance [?]	Current Status [?]	Past Due Amount [?]
$91,139	120+ days past due	$24,213

Seven year payment history [?]

30 days late	6 times
60 days late	4 times
90+ days late	27 times (Mar 2010, Feb 2010, Jan 2010, Dec 2009, Nov 2009, Oct 2009, Sep 2009, Aug 2009, Jul 2009, Jun 2009, May 2009, Apr 2009, Mar 2009, Feb 2009, Jan 2009, Dec 2008, Nov 2008, Oct 2008, Sep 2008, Aug 2008, Jul 2008, Jun 2008, May 2008, Apr 2008)

[FSUGAPEACH78]

It appears that it will be 3 years from April of 2008 which shows your last late payment although I am no expert. And it's weird that it says Mortgage Foreclosure process started? I have never seen that before.

[mickie08]

The 3 year period does not go by last late payment, but by the date in which you were removed from title (I believe).  Check your county records to find out when it was offically changed out of your hands.  The other issue will be if there is still a defualt balance or tax balance owed because of it since that was before the moratorium on that I believe and alot of states allow for the company to go after you for the default amount.  That may or may not be why a balance is still showing late?

[mommyof3monkeys]

Yes, check your county records. Find out if the house is in your name if not when did it go back to the bank.  The date that it goes to the bank in the county records is when the time clock starts.

Tammy