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 ...

HUD Inspector General finds that 2/3rds of borrowers did not receive loss-mitigation assistance. Servicers failed to meet HUD requirements for providing loss-mitigation assistance to 67.1% of ...

AUSTIN, Texas--(BUSINESS WIRE)--Flueid, the leading real estate technology company using title data and insights to fuel transactions from end-to-end, today announced the launch of its new Loss ...

Servicers have known the loss mitigation waterfalls enacted during the COVID-19 pandemic were eventually going to change. But a recent acceleration of the new governance has left the industry with ...

The relaxed COVID-era waterfall will remain in place through Sept. 30 for all Title II single-family forward mortgage programs. The raft of full rescissions to COVID-era loss mitigation practices will ...

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 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, ...