How is a SS reported to the 3 bureaus

Hello:

I completed a SS on a rental property I had with chase a few months ago. They are finishing up the necessary stuff on their end and I am not responsible for the deficiency amount. I am also in the process of shorting my primary residence.

My questions are, do the banks determine the language to the 3 bureaus? and do the 3 credit bureaus follow it? or do they create their own language? and can I dispute the language that is reported.?

 

Any help is appreciated.

 

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