Hi all! I'm so glad I found these forums. Here's my situation: Hubby and I weren't really in the market...just looking around on Sunday afternoons, etc. We stumbled across a bank owned JEWEL and decided we'd take a shot. We've had credit issues in the past but before even speaking to a broker/lender we paid any collections or debts we had and obtained documentation for anything we disputed. I thought that was a smart move to make...but in the days of auto underwriting even THAT'S not enough. You see, even with collections paid (and in most cases deleted) our scores aren't changing. TU and EXP are the absolute worst as they take their precious time updating anything. We were going to try rapid rescoring but were kind of iffy on spending that kind of cash with no guarantee on results. Then get THIS!!! (and this is the kicker) Our previous mortgagee is reporting that our loan was "settled for less than the full balance" it was "120+ days late" and "foreclosure was started". Of course I have not one...not two..but three letters from them stating the total opposite. I've tried disputing (for nearly a year) but that doesn't help. I'm so upset right now b/c we made an offer on this home (that was accepted) based on the information given by the broker we were working with...she has since disappeared. After constant e-mails this is the response I got from her: "I’ve had a chance to review the documents and review the credit. The loan would have to be able to make it through an automated underwriting system. I tried running it through now and it won’t work. It doesn’t like the credit history- I tried doing it in your name only as well. I went through the letters you provided and most of them are already corrected on your report. There are a few that I think will help your score increase. However, I’m not so much concerned about your score anymore. I’m more concerned about the actual credit history. If you look at your credit, there are not many accounts that are recent with a good 24 month history. For example, the car has only been in place for 8 months, the student loan looks like it was or is deferred and the lates on your mortgage (even though some of them are being removed) will not look good in the eyes of an underwriter. I highly recommend speaking to a credit counseling agency to help dispute and clean up the credit report. ******** has verified a few companies to be legitimate. They offer a free consultation. If they think they can help you and if you want to join their program, there is a small initiation fee and monthly fee until you finish or wish to cancel. Please let me know if you want me to have them contact you. The name of the company is Veracity." So now...I'm in a contract to purchase a home that I have no financing for. I'm afraid to even attempt to contact another broker b/c I honestly have no idea what my score is anymore. The mid WAS 572 and hubbys 568 (this is BEFORE anything even updated on our reports). I don't even know what advice to ask for anymore...I just needed to vent.