CategoryShortSale

 Cover Letter to Loss Mitigation Department 1

 

Sample &Nbsp;Cover Letter To Loss Mitigation Department 1 Sample &Nbsp;Cover Letter To Loss Mitigation Department 1 What is a loss mitigation letter? Loss mitigation is a term that refers to the actions that mortgage servicers do to help borrowers avoid foreclosure by working with the borrowers. The obligation of a servicer to “mitigate,” or cut down on, the amount of money an...

Projected Foreclosure to REO Cost Analysis

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Sample Copy Of Projected Foreclosure To Reo Cost Analysis 2Nd Lein Sample Copy Of Projected Foreclosure To Reo Cost Analysis 2Nd Lein How do reo foreclosures work? An REO is a piece of real estate that is owned by a lender but was not sold during a foreclosure auction. When the property owner fail to make their mortgage payments, the bank can seize their property and attempt to resell it. When a...