In a short sale, what is the best way the lender could report the transaction to the credit reporting companies, for the home owners sake?
Is it PIF, Paid in Full, and nothing derog? Or is there other language that would not show any negative as to the transaction. Hope you understand the question, Thanks
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edit: This post was split off of Credit Scoring 101 to form its own thread. I'm starting it out here in Understanding FICO Scoring, but it might turn out to be better on Mortgages. --hauling
Message Edited by haulingthescoreup on
06-15-2008 05:26 AM