Reply
New Contributor
Focker69
Posts: 70
Registered: ‎01-24-2013
0

Need help with Foreclosure Reporting

Hello,

 


I modified my loan back in 2009 and prior to that, I did not pay for sometime, the reporting states that Foreclosure proceedings have started but the property never foreclosed and I have been on time with payments since 2010. I tried to do a refinance and the Desktop Underwriting software is picking up the foreclosure and is declaring me ineligible. Is there a way to remove that from my reporting or at least to show what date that happened so that the systems picks it up and can see when it occurred and that I am indeed eligible? Any input is greatly appreciated. Seems like nobody knows what to do or what can be done in this situation.

 

Thanks,

 

Michael

Hoping to hit 700 soon!
Senior Contributor
DaBears
Posts: 3,930
Registered: ‎10-26-2012
0

Re: Need help with Foreclosure Reporting

Have you called the lender? they should be able to make changes.


myFICO is the consumer division of FICO. Since its introduction 20 years ago, the FICO® Score has become a global standard for measuring credit risk in the banking, mortgage, credit card, auto and retail industries. 90 of the top 100 largest U.S. financial institutions use the FICO Score to make consumer credit decisions.

>> About myFICO
FICO Score - The Score that matters
Click to Verify - This site chose VeriSign SSL for secure e-commerce and confidential communications.
Fair Isaac Corporation is a BBB Accredited Financial Service in San Rafael, CA
FOLLOW US Social Media Facebook Twitter Pinterest Google+
}