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 ...

On July 10, the CFPB proposed a rule to amend RESPA regulations originally issued in 2013 regarding the responsibilities of mortgage servicers. The rule removes the definition of “loss mitigation ...

Unexpected financial hardships are an unfortunate but not uncommon challenge facing many homeowners. To help overcome these obstacles, Sagent has created its Dara Loss Mitigation platform as a ...

A coalition of six organizations representing mortgage companies and borrowers has sent a letter to the Federal Housing Administration (FHA), urging the extension of the current loss-mitigation ...

The Consumer Financial Protection Bureau announced a proposed rule to amend the 2013 Mortgage Servicing Rules to require additional support for defaulting borrowers. The proposed rule would add ...

Mortgage borrowers filed a third amended class action complaint against the bank over modification issues from 2010 to 2015.

Chairman Van Orden and Ranking Member Pappas, and distinguished Members of the Subcommittee, thank you for the opportunity to testify today. The VA Loan Program: Managing Mortgage Risk and Policy ...

Borrowers want to buy before they sell, but get stuck with contingencies, DTI hurdles, or trailing debt? Flyhomes, a wholesale platform focused exclusively on bridge lending, offers customizable Buy ...

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 ...