How in the world do you prove that??

[mommy2cooper]

I'm not sure if this is the right place, but I'm assuming that since technically it's still part of rebuilding credit you guys can be of assistance. My husband and I applied for a mortgage loan after building our credit for the past 18 months. We went from a 470 something to a 595. When we applied we had Ditech financial who said we still owed money for a home we don't owe money to. We've fought them before and couldn't get them to go away. Finally we realized oh hey....they're reporting incorrectly, which made them have to remove themselves from all the credit agencies. However, since our bank knows about this, they want some sort of letter stating that either we don't owe the money, or they've reported in error and this is why they removed. Ditech however, keeps giving us the run around. We told the bank and they said well can you prove that the property was settled and you didn't ha,ve a short sell? What in the world should I do??

[Anonymous]

I'm certain that someone here will have better advice, but I was thinking there might be a workaround. Mortgage UWs do accept some strange things as proof sometimes. Was the old home paid off or satisfied when selling to another party? If so, you may be able to request records from the originating title company or perhaps even the local assessor's office.

[mommy2cooper]

well the first mortgage was supposed to be settled but then they submitted satisfaction paperwork right after we accepted a settlement offer. they sold to ditech and then they reported wrong on credit. last payment was in 2007 and they are stating 2012. that's how we got them to remove from the credit agencies.

[Anonymous]

You might want to have a Mod move this post to the mortgage section you may receive more experienced responses.

[RobertEG]

If you have attempted to get the issue resolved and the former creditor refuses to provide the statements you need, recourse is to file a civil action and obtain a finding by a court that the debt is discharged.  Both sides will be required, in any civil action, to produce all relevant evidence, and the court will make a binding determiation.

Disputes over the accuracy of credit reporting will not obtain a third party review of the matter and a binding legal finding.

I would consult an attorney.