Getting a current credit report before buying a Note

[Sean M.]

The to be unnamed credit reporting agency is giving me grief about pulling a credit report on a creditor for a note I don't own (which is fair enough I suppose).  It's my first, so what is the usual practice?  Am I being unreasonable to ask the vendor to pull a current report and send it to me?  I'm sure the contracts permit potential assignees to pull a credit report, but I can't show the agency as everything is under a CA. 

Thanks  

[Dion DePaoli]

Joe is right.  You do not have authority to pull credit on the borrower.  You can get the report from the Seller or you can send the Seller an authorization to be executed by the borrower which will allow you to pull credit.  Until you own the debt, you are a third party which requires Borrower approval.

There is no agreement related to a mortgage loan which grants 'potential' buyers anything.  The Borrower has a right to their privacy and is subject to Fair Credit standards.

BTW, obtaining a credit report to review the first line history is also a gamble.  The first lien must be reporting and that reporting must be current.  Not always the case.  Further depends on what agency you pull from and they report to.  

A verification of the first mortgage directly from the Mortgagee or Servicer would be the best most accurate information.

I notice you are BC - might be a little different up there, it's not clear where the asset is located.