[quote=esakko;772]I submitted a loan through LP & DU and received a caution with LP and a Level IV with DU. I received this because the system is picking up a foreclosure that has been reported in the past 2 years but it has been satisfied since 2001. The creditor just updated there information which makes the system think that there has been a foreclosure in the past 2 years. What can I do in this situation? Can I get this file Manually underwritten? I spoke with the credit bureaus and they stated the date of last activity is what you should go by and they can't change date reported. please advise.[/quote]
You should be able to get a manual review, but it may also depend on the underwriter/lender. Just make sure you have documentation as to when the foreclosure was satisfied.
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