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Question regarding new FHA rule for collections

Established Member

Question regarding new FHA rule for collections

 

I have a quick question regarding the new FHA rule for collections...I've pulled all 3 of my credit reports and of course there are different collection accounts on each report.  So is this rule for all things in collections no matter which report or is it per report (I'm referring to the $1000 rule).  And is the $1,000 total or per collection account. 

 

Thanks!

Jay

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Frequent Contributor

Re: Question regarding new FHA rule for collections

I believe $1000 total AND on ALL reports Smiley Sad

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