Legal Question in Real Estate Law in North Carolina

Can a 2nd lien holder continue reporting late payments on my credit report if the home foreclosed on by the first lien holder? My home foreclosed on in 2009 and the second lien holder has reported late pays through and until Jan 2012, which now it states it is transferred to a new lender. How can I get this to reflect 2009 if they are not supposed to do this?

Asked on 6/25/13, 1:18 pm

1 Answer from Attorneys

Kenneth Love Ken Love Law

Unfortunately yes. The foreclosure extinguished the lien, but you are still personally liable for the 2nd mortgage which was not paid.

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Answered on 6/25/13, 1:19 pm


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