That's why mortgage servicers have "loss mitigation" options to help homeowners avoid foreclosure when possible. Loss mitigation refers to the various solutions and processes that mortgage ...
The FHA is extending existing COVID-19 recovery options to February 2026 as it aims to give stakeholders time to implement new requirements.
Now they have a request for the incoming Trump administration — standardization and simplification of loss-mitigation frameworks. Adding to the challenge is uncertainty surrounding Regulation X ...