Equity Home Loans

2nd mortgage Foreclosure: How long is the delay to put it on your credit?

We paid off a 2nd mortgageforeclosure before it went through. We continued to pay on our first mortgage with no problem. The attempted forclosure was not on our credit report until we refinanced with a new mortgage company. Is this fair? It looks suspicious that it only appeared on our credit after we refinanced with a new company. We understand that business is business but it seems that they were fine with everything until we pulled our mortgage from them and went with another company.

Public Comments

1. They can post it on your credit on the 31st day once it becomes late
2. It sounds like we are pretty much in the same boat. I'd be very interested in talking to you about your rifi and credit issue. We are having all kinds of trouble with ours.. I'm just wondering if maybe its the same company....email me if you dont mind talking about it at jvallery@hotmail.com
3. Well, you were late, so the info is accurate. It is probably just a coincidence... sometimes it takes time to get stuff posted onto a credit report.
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