Frequent Contributor
fuzzybean
Posts: 305
Registered: ‎04-04-2012
Mortgage that was IIB?

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.

Valued Contributor
chasmith
Posts: 1,062
Registered: ‎05-26-2010
Re: Mortgage that was IIB?

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
Starting Score:11/16/2009 EQ 566 11/16/2009 TU 538
Interim Score: 12/27/2012 EQ 683 09/17/2012 EX (lender) 670 1/01/2013 TU 701
Current Score: 11/06/2013 EQ 708 11/06/2013 EX 702 11/16/2013 702 11/06/2013 TU 729
Goal Score: EQ 740 EX 740 TU 740
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Frequent Contributor
fuzzybean
Posts: 305
Registered: ‎04-04-2012
Re: Mortgage that was IIB?

I think I understand it now.  Thank you.