Posted on: 13th Jul, 2010 11:03 am
hi,
i had a second mortgage with chase, which they sold the loan to real time soluions. rts offered me a modification upon taking over the loan and i have since been sending payments to them. however, after ordering copies of my credit report, i am surprised to learned that when chase sold my loan to rts, they reported it on my credit report as "sold - foreclosure". can they do this? they weren't even my primary lender. i don't know what to do.....help!?!?
i had a second mortgage with chase, which they sold the loan to real time soluions. rts offered me a modification upon taking over the loan and i have since been sending payments to them. however, after ordering copies of my credit report, i am surprised to learned that when chase sold my loan to rts, they reported it on my credit report as "sold - foreclosure". can they do this? they weren't even my primary lender. i don't know what to do.....help!?!?
Were all of your payments on time with Chase? If so, then that note is very odd, and it may likely be in error... so I would call up Chase's customer service department and inquire about why they are reporting it that way. I know a gal on the inside there who helps with incorrect credit reporting issues, so if you want her information email me and I'll respond with it.