Pre-foreclosure and rescission

By Erin42
May 13, 2013 in Foreclosures/Loan Modifications

https://creditboards.com/forums/index.php?/topic/511786-pre-foreclosure-and-rescission/

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Erin42

Posted May 13, 2013

Quick question...

A client went through a pre-foreclosure almost 2 years ago (May 25, 2011) and sold their house at a short sale. TU and EQ are reporting paid less than full price (or something similar) but EX is reporting a pre-foreclosure. The EX is causing a problem because they are trying to purchase a home and COE is to be next month. We have a notice of rescission for the pre-foreclosure.

Is there any way to have this pre-foreclosure removed or updated to report in the same way as the others?

I do not personally have access to their reports and have just gotten the info with my boss. I'm hoping the CB smarties can give some insight.

Thanks!

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