Credit Reporting - Loan Modification Forum

jet-a · 10-27-2009, 08:34 PM

Is B of A still doing the credit reporting freeze while the mod is being processed? My credit report is showing lates even though I was current before the trial period (MHA) and my proposal being accepted by NACA.

Any ideas on how I should handle? OOP maybe?

lisasxr · 10-28-2009, 08:11 AM

I'd contact your negotiator and the OOP.

sahm2two · 10-28-2009, 08:17 AM

Quote:

Originally Posted by jet-a

Is B of A still doing the credit reporting freeze while the mod is being processed? My credit report is showing lates even though I was current before the trial period (MHA) and my proposal being accepted by NACA.

Any ideas on how I should handle? OOP maybe?

I was able to get a credit freeze by talking to my negotiator this was back in August.

jet-a · 10-28-2009, 08:39 AM

Thanks everyone for the info - just another layer added on to the frustration!I haven't been abot to get in touch with my negotiator as of yet but i'll keep trying. I'll let you know how it goes.

Evan Bedard · 10-28-2009, 09:02 AM

Quote:

Thanks everyone for the info - just another layer added on to the frustration!I haven't been abot to get in touch with my negotiator as of yet but i'll keep trying. I'll let you know how it goes.

Sorry to hear this has happened to you, I think it is a total scam that they report borrowers even though they have never been late on their mortgage. Call your negotiator right away and request they put the credit reporting on hold..

jet-a · 10-28-2009, 09:13 AM

Quote:

Originally Posted by Evan Bedard

Sorry to hear this has happened to you, I think it is a total scam that they report borrowers even though they have never been late on their mortgage. Call your negotiator right away and request they put the credit reporting on hold..

This sure is easier said than done...I can never get through and voice mails aren't returned.

I'm going to keep trying though!

Evan Bedard · 10-28-2009, 09:35 AM

I totally agree it is much easier said then done. If you can't get a hold of your negotiator try to call in and request to speak with a manager/supervisor and let then know whats going on.

jojolala · 10-28-2009, 09:44 AM

Quote:

Originally Posted by jet-a

This sure is easier said than done...I can never get through and voice mails aren't returned.

I'm going to keep trying though!

BofA told me a year ago they are not reporting me to credit bureaus. IMHO I think effort would be better spent checking our credit reports than trying to reach the negotiator for this answer.

jet-a · 10-28-2009, 09:58 AM

Quote:

Originally Posted by jojolala

BofA told me a year ago they are not reporting me to credit bureaus. IMHO I think effort would be better spent checking our credit reports than trying to reach the negotiator for this answer.

That is how I found out...well that, and a nice little letter from 2 credit card companies lowering my limit because of recent derog. info

jet-a · 10-28-2009, 04:02 PM

Update:

I checked the CW website earlier and it said that my workout was still being processed, but now I checked and it says that it was approved. Now hopefully my negotiator will call me or I can get their info to address the CR issue.

Thanks everyone for your help - I'll keep you updated.

10-27-2009, 08:34 PM	#1 (permalink)
jet-a Senior Member Join Date: Aug 2008 Posts: 118 Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0	Credit Reporting Is B of A still doing the credit reporting freeze while the mod is being processed? My credit report is showing lates even though I was current before the trial period (MHA) and my proposal being accepted by NACA. Any ideas on how I should handle? OOP maybe?

10-28-2009, 08:11 AM	#2 (permalink)
lisasxr Senior Member Join Date: Jun 2009 Posts: 64 Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0	Re: Credit Reporting I'd contact your negotiator and the OOP.

10-28-2009, 08:39 AM	#4 (permalink)
jet-a Senior Member Join Date: Aug 2008 Posts: 118 Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0	Re: Credit Reporting Thanks everyone for the info - just another layer added on to the frustration!I haven't been abot to get in touch with my negotiator as of yet but i'll keep trying. I'll let you know how it goes.

10-28-2009, 09:35 AM	#7 (permalink)
Evan Bedard LoanSafe.org Homeowner Guide Join Date: Aug 2007 Location: Southern California Posts: 2,168 Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0	Re: Credit Reporting I totally agree it is much easier said then done. If you can't get a hold of your negotiator try to call in and request to speak with a manager/supervisor and let then know whats going on. __________________ Keep Fighting! Evan Bedard LoanSafe.org Support Team Please donate via paypal to LoanSafe.org to help keep this forum going The comments by me and the materials available at this web site are for informational purposes only and not for the purpose of providing legal advice. Most of the information you find here is easily available on the internet. You should contact your attorney to obtain advice with respect to any particular issue or problem. The opinions expressed at or through this site are the opinions of the individual author and may not reflect the opinions of the firm or any individual attorney. Please Read our Privacy Policy and Legal Disclaimer Here.

10-28-2009, 04:02 PM	#10 (permalink)
jet-a Senior Member Join Date: Aug 2008 Posts: 118 Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0	Re: Credit Reporting Update: I checked the CW website earlier and it said that my workout was still being processed, but now I checked and it says that it was approved. Now hopefully my negotiator will call me or I can get their info to address the CR issue. Thanks everyone for your help - I'll keep you updated.

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