What is the definition of loss mitigation?
Loss mitigation is used to describe what a third party does to assist a homeowner. There job is assit a client in getting back on track with their mortage. They do everything in their power to keep a client from filing bankruptcy forcing the client to spend more money than necessary. These services are also available to assist cients for losing their property by omitting foreclosure.
Loss mitigation is used to describe what a third party does to assist a homeowner. There job is assit a client in getting back on track with their mortage. They do everything in their power to keep a client from filing bankruptcy forcing the client to spend more money than necessary.
These services are also available to assist cients for losing their property by omitting foreclosure.
