I recently had a loan denied for a borrower I was working with because she had disputed an item on her credit report and the dispute was still on the report. In checking with other lenders I got the same response that Fannie & Freddie would not purchase a loan with a dispute on the credit report that the dispute had to be removed before they would accept the loan. This loan was an FHA loan but all of the lenders I contacted said they would follow the Fannie & Freddie rule.
Just curious if anyone else has seen or heard of this
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