Long story short. Refinanced starting June 26th of last year. Did a IRRRL and new mortgage loan officer said differed payments for July and August. First payment would be September. Called current at the time mortgage company and let them know, they said no problem just ignore the auto reminders.

Fast forward August 12th and I have a 50 point hit on my Transunion credit score. I call current at time mortgage company with wtf. They said it’s late and my fault. I say something’s and then make payment for July. August 20th I sign Paperwork for new company and August 25th funds are dispersed to old mortgage company.

Sometime time later I see a late payment for August for old loan company on my equifax report.

Reason I bring this up now is I am in underwriting and they want to know why I have two late payments in the last 12 months. I thought it was federal law that a minimum of 30 days had to pass before they could report to the credit bureau. How or why did they report August if I completely closed the loan before the end of the month? Also I think I shouldn’t have been gigged for July either with the gross negligence from both sides telling me not to worry about payments.

All I need to clear at the moment is August though so I can carry on with underwriting. Any info would be greatly appreciated... Also I guess it wasn’t as short as I attended, sorry. Wanted to add I monitored this through myFICO.