Quick backstory: DH has a s/s on his primary residence in 2010, with many late pays leading up to it. I was working with the lender at that time to try and get a loan mod (tried for 18 mos - paperwork lost, need more info, etc.), which they subsequently denied - even though he met all the requirements. You know the story. I was not on the loan at the time of purchase. I bought a new home in 2010 on my income alone, he was not on loan or title.
Flash forward to today. We need a bigger home and both of our incomes to qualify. I thought since his s/s had aged 3 yrs that we would have no problems qualifying together. Wrong. He has rehabbed credit (no lates in 3+ years) and a decent score. It's the mortgage lates that are killing the deal. 19 >180 lates.
The lender reporting the lates (Bank of America, surprised?) won't budge.
Do we have any recourse? I know there's been plenty of Class Action suits for how lenders handled loans during the mortgage crisis. I am wondering if anyone knows if the credit issues were addressed in those suits?
TIA
