DOFD Question.....is this date correct?

[New_Beginning]

This is a snapshot of my old mortgage, the DOFD is listed as 04/2013...is that correct? Do I need to dispute this with Equifax? It is sold/transfered and I am current and have been since I was sold. 

[Anonymous]

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@New_Beginning wrote:

This is a snapshot of my old mortgage, the DOFD is listed as 04/2013...is that correct? Do I need to dispute this with Equifax? It is sold/transfered and I am current and have been since I was sold. 

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If you are 'current' then there is no DoFD.

[Anonymous]

If it was current when it was closed it's going to be on your credit report for 10 years.  Those lates will fall off after 7 years, and it will remain on your CR for 10 years.

[New_Beginning]

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@Anonymous wrote:

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@New_Beginning wrote:

This is a snapshot of my old mortgage, the DOFD is listed as 04/2013...is that correct? Do I need to dispute this with Equifax? It is sold/transfered and I am current and have been since I was sold. 

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If you are 'current' then there is no DoFD.

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I am current with the new servicer is what I meant...sorry wrong wording. I am no longer with BOA

[New_Beginning]

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@Anonymous wrote:

If it was current when it was closed it's going to be on your credit report for 10 years.  Those lates will fall off after 7 years, and it will remain on your CR for 10 years.

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No it was past due when sold, the new servicer did a modification and I have been current with them since. 

[Anonymous]

New servicer doesn't matter, its still the same loan and its now current. DoFD only comes into the picture if its Charged Off or becomes a collection. If the original issuer (BoA)is reporting late payments, those late payments will become excluded individually as they pass the 7 year mark. When the last one is excluded, the account will become positive and report for ten years from the date of closure.

[gdale6]

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@Anonymous wrote:

New servicer doesn't matter, its still the same loan and its now current. DoFD only comes into the picture if its Charged Off or becomes a collection. If the original issuer (BoA)is reporting late payments, those late payments will become excluded individually as they pass the 7 year mark. When the last one is excluded, the account will become positive and report for ten years from the date of closure.

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+1

[New_Beginning]

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@Anonymous wrote:

New servicer doesn't matter, its still the same loan and its now current. DoFD only comes into the picture if its Charged Off or becomes a collection. If the original issuer (BoA)is reporting late payments, those late payments will become excluded individually as they pass the 7 year mark. When the last one is excluded, the account will become positive and report for ten years from the date of closure.

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Okay makes sense...so why does EQ has that date there...is it in the wrong place?

[Anonymous]

Past due is not charged off. DoFD does not apply here.

[Anonymous]

Could just be a mistake on BofA's part. You could dispute with EQ that an account that is not charged off should not have a reported DoFD.