Rebuilding Your Credit

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Established Member
MePlusThree
Posts: 46
Registered: ‎02-25-2013

Mortgage reporting from different companies covering same timespan

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‎02-25-2013 08:44 AM

I don't know how else to describe it. lol I had a mortgage in 2010 that in the course of a year was sold 3 times. All 3 companies who owned it report the payments from the day it was opened until the day it was foreclosed on. I was wondering 1. If there's anything I can do about this. 2. Is it actually hurting my credit? From the last credit check I did I had a score in the 650 or so range and that was only a few months ago but having a bunch of 120+ days late on 3 accounts seems like it would drag things down.

The other thing is one of the two credit companies I checked has the loan at a $0 balance (collateral sold to satisfy loan) and the other has a $21,000 balance. I'm at my 3 year from the end of my right of redemption in Oct of this year and hope to get a mortgage before too long is there a way to fix this? Last time I tried to contact the CB about these things they told me to contact the company, but the company doesn't exist anymore.

FAKOS: TU 663 EX 668 EQ 685
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Established Contributor
chasmith
Posts: 1,016
Registered: ‎05-26-2010

Re: Mortgage reporting from different companies covering same timespan

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‎02-25-2013 10:11 AM

If the company doesn't exist any more and you dispute it, how will it be verified to the CRA?

BK7 Filed 8/11/2009 Discharged 11/23/2009. Purchased new home 4/11/2012 Gardening since 10/6/2012

Starting Score:11/16/2009 EQ 566 11/16/2009 TU 538
Interim Score: 4/2/2011 EQ 682 1/14/2011 TU 665
Current Score: 12/27/2012 EQ 683 09/17/2012 EX (lender) 670 1/01/2013 TU 701
Goal Score: EQ 700 TU 700
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