Private Party NOD and Credit report

Discussion in 'Credit Talk' started by SlowJedi, Mar 20, 2007.

  1. SlowJedi

    SlowJedi Member

    A question for the experts: if a private party mortgage/note holder files a Notice of Default with the county/city, etc., how can this NOD info get on the borrower's credit report? Can it? Especially if the loan ends up being paid off and the NOD gets removed from the title? Again, the question has to do with the NOD (before or after it was paid off and brought current) hitting a person's creidt report.

    Thanks
     

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