Looking forward to a post-financial crisis and post-HAMP mortgage marketplace, the CFPB has issued a document outlining principles intended to “provide a framework for discussion about the future of ...
Read the full Law360 article (subscription may be required) or view the full article below. On July 10, the Consumer Financial Protection Bureau issued a proposed rule that would alter the current ...
The Community Home Lenders of America (CHLA) on Monday submitted a letter to Consumer Financial Protection Bureau (CFPB) Director Rohit Chopra, urging the agency to balance the time frame and ...
Lender Processing Services Inc., a provider of integrated technology and services to the mortgage and real estate industries, has announced the release of Home Affordable Modification Program (HMP) ...
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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, ...
Covius Announces Integration with Flueid as Part of Larger Digital Transformation of Loss Mitigation
DENVER, Feb. 15, 2023 /PRNewswire/ -- Covius, a leading provider of technology-enabled solutions to the financial services industry, announced today that its Settlement Services division is ...
Loss mitigation is a collaborative process between borrowers and mortgage servicers to prevent foreclosure. It involves various strategies to help homeowners manage their mortgage payments and avoid ...
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