Frequent Contributor
fuzzybean
Posts: 292
Registered: ‎04-04-2012
Mortgage that was IIB?

‎10-13-2012 12:08 PM

Should a mortgage IIB be showing under negative accounts with the payment history (full of lates) showing on a CR?  I cleaned up my CR.  Working on hubby's now.  I understand it being under negative accounts, but I thought if something was IIB the payments weren't supposed to show.

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Established Contributor
chasmith
Posts: 1,016
Registered: ‎05-26-2010
Re: Mortgage that was IIB?

‎10-14-2012 06:55 AM

Late payments before the BK was filed can remain, and the loan should be marked IIB.  There shouldn't be late payments showing after the BK filing.

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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Frequent Contributor
fuzzybean
Posts: 292
Registered: ‎04-04-2012
Re: Mortgage that was IIB?

‎10-14-2012 07:08 AM

I think I understand it now.  Thank you.

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