That didn't go how I wanted...

[road2freedom]

I figured this would happen.

 

I pulled MPM today and it looks like EQ posted the results of my wife's dispute. They updated the old 2nd mortgage account to a charge-off. Now, it wasn't a shortsale, foreclosure, or DiL, so there's nothing like that in public records or on her reports. It's only reporting for one bureau. This was essentially a settlement because I filed BK on the account and they wouldn't work with us any other way. They accepted the payment, closed the account, and released the lien stating paid in full.

 

I will try to fight this again once I get the official update, though I'm not sure how successful I will be. I noticed a new comment on my report stating charge-off even though it was IIB, so I may have them on a violation there and can possibly use that as leverage. I'm going to request new paper copies today. I may even hire an attorney to add some pressure.

 

Either way, how bad is this for mortgage purposes? I know some charge-offs aren't as big a deal but I'm guessing a mortgage charge-off is a whole different story. Her credit scores are otherwise pretty good - middle score is still a 735. No public record of any kind and this is the only derogatory on her credit ever.

[ICANHASMUNY?]

 

released the lien stating paid in full.

 

you have a copy of that 2nd mortgage lien showing that it was paid in full, then send it along with your dispute with the CRA.

[road2freedom]

 

 

released the lien stating paid in full.

 

you have a copy of that 2nd mortgage lien showing that it was paid in full, then send it along with your dispute with the CRA.

 

Thanks, that is probably my first plan of attack once I get the official results.

[road2freedom]

I spoke to the LO and this thing reared it's ugly head. For now though they are just showing the dispute since their pull was over a week ago. He is getting me in contact with his credit repair person to see what they can do, but I have a feeling this is going to be a nail biter.

[Bradgrubbs]

This is very similar to my second mortgage charge-off with Citibank. My credit repair people got it cleared off completely. It can be done...

[road2freedom]

Which people? Do tell.