Ch 11 Overview

The video summarizes Chapter 11 of the Metro 2 Credit Reporting Resource Guide, aiding readers in using Metro 2 to accurately read credit reports, identify errors, and draft dispute letters to consumer reporting agencies (CRAs). Chapter 11 addresses reporting requirements for mortgage modification programs, which have proliferated since 2008, altering terms like interest rates, duration, and principal balance.

This chapter clarifies how modified mortgages should appear; errors such as outdated terms, incorrect balances, or missing modification details can be disputed as deviations from Metro 2’s standards. By referencing Chapter 11, readers can craft dispute letters to CRAs, ensuring these changes are accurately reflected per the industry format.