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View Full Version : Understanding foreclosure and repossession


alabamagirl
Oct 21, 2009, 03:27 PM
I went through a foreclosure, but on my credit report it shows up as a repopssession. Can the mortgage company do that?

JudyKayTee
Oct 21, 2009, 03:51 PM
Please post once - yes, a foreclosure is a type of repossession. Usually it just says foreclosure.

In the long run it doesn't matter once after it hits your credit report.