Loss mitigation is a process that helps borrowers avoid foreclosure through options like modification or forbearance. Homeowners may qualify for loan modification, forbearance or repayment plans ...
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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, ...
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 ...