Contradictory, Derogatory, or Erroneous Information
Lenders are obligated to take action when contradictory, derogatory, or erroneous information would justify additional investigation or would provide grounds for a decision that is different from the recommendation DU delivers. For example, if the credit report reflects a previous foreclosure but the information was not accurately mapped to DU, the lender must consider this when making its final underwriting decision.
For additional information see B3-5.3-09, DU Credit Report Analysis.