Posted by John Merchant on March 09, 2010 at 00:14:13:
In Reply to: Reporting Hard Money Foreclosure to Credit Unions posted by Bryan on March 01, 2010 at 19:20:40:
The Big 3 credit agencies would certainly report a recorded foreclosure action either non-judicial, such as a deed of trust trustee's foreclosure, or a suit on the note in your state or fed court.
Our DOT non-judicial procedure here in WA State requires a non-recorded Notice of Default to be served on debtor and that's his notice that anything done thereafter WILL be recorded so he'd better get with it if he wants it kept quiet.