I bought an Equifax report from MyFico a year ago August 2013. It has BofA as foreclosed on description, but when I received a new report from Equifax themselves this August 2014, it does NOT say foreclosed. Can someone please shed some light on this?
I was expecting the foreclosure to fall off in September, but when I called EQ they said it says Paid As Agreed (and shows NUMEROUS lates that are never ending) and would stay on for 10 years from Opening Date. That will be May 2014.
Question #1: How can it show as foreclosed one year and the next year it doesn't show as foreclosed?
Question #2: Wouldn't the mortgage showing Closed, Paid As Agreed BUT showing lots of lates be a negative for me too?
