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foreclosure effect?

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CreditDrama85
Established Contributor

foreclosure effect?

technically a friend of mine went into foreclosure. it was actually filed and i guess was part of public record, but he brought the loan current including fees to have it reinstated the day of the filing. will this effect his credit? what typically happens in situations like this?
Message 1 of 3
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Anonymous
Not applicable

Re: foreclosure effect?

I've seen other members mention that it will show foreclosure or pre-foreclosure.
 
 
Message 2 of 3
athensguy
Valued Contributor

Re: foreclosure effect?

He will be able to recover as long as the rest of his TLs didn't go late. My wife has 120s listed on two reports and RF listed on the other, and her FICOs are hovering around 700 still. It happened last year.
Message 3 of 3
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