Short Sales Reporting as Foreclosures. If you apply for a conventional mortgage loan, your mortgage broker or lender may tell you that Fannie Mae just informed him your prior short sale is actually being reported as a foreclosure. Mengedoth Law has brought a series of cases along with several other consumer protection firms seeking remedies for this false reporting. If you or someone you know has experienced this problem, we would like to hear from you.
If someone else’s name, accounts, or collection information is appearing on your Equifax, Experian or Trans Union consumer reports, there is a very good chance you have fallen victim of a widely-known problem of being “mixed” or “merged” with another consumer. If you or someone you know has experienced this problem, please feel free to contact us.
When you first learn you have become a victim of identity theft, the alarm bells will justifiably go off. Years of your personal credit history and identity are at stake. Because your very first inclination to directly contact each creditor, debt collector or bank where the identify theft opened is natural, doing so does not necessarily trigger the most effective consumer protection laws designed to protect you from further damage.
Please contact us to help you navigate these turbulent waters.
Walsh v. Fannie Mae. Mengedoth Law and other consumer protection law firms have filed individual cases and a class action case in Arizona federal courts against Fannie Mae for it false reporting of information about borrowers to mortgage lenders. If you believe Fannie Mae falsely informed you mortgage lender that your prior short sale was instead a foreclosure, you may be a potential class member. Please contact us to discuss your rights.
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