Not too many years ago I was consulting companies that were plagued with early purchase defaults and repurchase demands from investors. It was during the tail end of the subprime and Alt-A era that ...
Hosted on MSN

What is loss mitigation?

Loss mitigation is a way for mortgage lenders to help borrowers who are struggling to make their monthly payments avoid losing their homes. You can keep your home with many loss mitigation options, ...
A coalition of six organizations representing mortgage companies and borrowers has sent a letter to the Federal Housing Administration (FHA), urging the extension of the current loss-mitigation ...
Stavvy’s Loss Mitigation Solution is a fully customizable and mobile-friendly platform. Homeowners and servicers can complete all necessary tasks — from upfront application and processing to final ...
Steve Keenan, The Fayette Tribune, Oak Hill, W.Va. January 29, 2022 at 11:59 PM Jan. 29—The Region 4 Planning and Development Council is working on a regional hazard mitigation update, and ...
The Idaho Public Utilities Commission has approved a new process for electric utilities to submit annual wildfire mitigation plans, supporting the state's Wildfire Standard of Care Act (WSCA) and ...
Loss mitigation is a collaborative process between borrowers and mortgage servicers to prevent foreclosure. It involves various strategies to help homeowners manage their mortgage payments and avoid ...
Loss mitigation in mortgage is a process that lenders use to help borrowers avoid foreclosure and perhaps even stay in their homes. More commonly, lenders help you transition out of your home without ...