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 ...

We are seeing tremendous transformation within the loss mitigation space. Remedies for distressed borrowers previously limited to bankruptcy relief have seen significant expansion through the creation ...

Black Knight, Inc. on Thursday announced that mortgage loan sub-servicing provider LoanCare will implement the Black Knight Loss Mitigation solution to support homeowners in need of mortgage payment ...

MBA, ABA, NMSA sign joint letter seeking to simplify & clarify the plan, as well as to extend the time to implement it. The Federal Housing Administration (FHA) on May 31 proposed a new home-retention ...

Falling behind on your mortgage payments is an incredibly stressful situation. When you miss multiple payments, the lender may start the foreclosure process to take possession of your home. However, ...

The Consumer Financial Protection Bureau will give mortgage servicers limited regulatory cover to offer forbearance and loss-mitigation options to their customers suffering financial hardship due to ...

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 ...

New white paper says policymakers should preserve the critical features mortgage servicers implemented throughout the pandemic. For the Mortgage Bankers Association (MBA), the future of mitigating ...

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, ...