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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, ...
Housing industry pros are largely supportive of the raft of changes the Federal Housing Administration made related to the COVID-19 era loss mitigation waterfall. “The issue is less what they ...
While BOk Mortgage has historically held its loan delinquency rate well below the state and national ratios, it has introduced a program that has reduced that rate by an additional 12 percent since ...