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Remove foreclosure from CR

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Post Posted: Mon Nov 07, 2011 12:32 am    Post subject: Remove foreclosure from CR
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The mortgage lender started foreclosure proceedings 2 years back but we were able to modify the loan and have been paying it ever since. However, when I checked my credit reports recently, I found that one of the bureaus is still reporting "foreclosure proceedings started". Is there a way to get that comment off or do I just have to let it age off?
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sara
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Joined: 05 Jul 2006

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Post Posted: Mon Nov 07, 2011 1:18 am    Post subject:
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Hi Guest,

You should immediately dispute the status of your mortgage account with the credit bureaus and ask them to update it. You shouldn't let it remain on your credit report as it is a wrong information and may lower your scores.

Take care

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