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Oriental Bank of Puerto Rico - Foreclosure or Foreclosure Proceeding Started designation

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in 2009 I had a mortgage account that went into foreclosure .  The credit report shows it as FS  which is Foreclosure Proceeding Started. There is a second designation which is F for Foreclosure. I assume that this F is assigned  when the house is foreclose for good.  When shall the 7 year term commence?  My bank left the credit report on FS until a judgement in 2014 which is 5 years latter.  In addition, OrientalBank  change the payment history notations showing all dated before the judgement date  to NR (Not reported).  Consequently, this  will leave me stuck with an adverse Foreclosure thread for 12 years!!!

The OrientalBank of Puerto Rico is cheating the system by changing the credit history of the affected client.  Is there anything in FCRA  that indicates that the 7 years term starts from final Foreclosure judgement or from Foreclosure proceedings starts?



Edited by jecalderon

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