• Hubs
  • tagged loss mitigation

1-10 of 55 hubssort by Hot Best Latest

FoursX2 profile image83

The California Foreclosure Consultant Act

If you are, or are about to be, in default on your home mortgage, and are approached by an individual or company that is offering to, in some fashion, save your home from foreclosure. you should consult with an attorney, or at least read the law and do your research, before you sign a contract or pay any money.

0 comments    business foreclosure refinance
76

Loan Modification Hardship Letter

I've been coming across so many homeowners trying to contact the loss mitigation department with their lender to negotiate a loan modification. One of the first things a lender asks for is a hardship letter...

11 comments    education loan loss
66

How to Get Out of a Bad Mortgage: Get Out of a Bad Mortgage ASAP

How to get rid of a bad mortgage- is it possible? Are you terrified of being stuck with bad rates for decades? Here's how you can get better rates on your home mortgage - immediately.

1 comment    mortgage lender housing
Pay Attention:  This can change... work with Short Sales Buyers, TODAY!68

Understand Loss Mitigation and What It Takes to Negotiate a Short Sale

The Mind of Bank Loss Mitigator Loss mitigators are confusing to society, and lenders can make the average realtors head spin. Lenders , realtors, and investors must work together to be successful, despite...

2 comments    real estate short sale jeff coga
65

What Is Imminent Default?

I get asked “What is Imminent Default?” quite a bit in relation to mortgages and home loans, so I thought I’d explain this in a little more detail. If you break down the two words in a basic sense,...

0 comments    loan modification
73

How Short Sales Work

How Short Sales Work. Short sales described, with instruction and advice on how to approach negotiating with a lender. Includes what can go wrong and the credit impact.

0 comments    foreclosure credit score lender
60

Foreclosure Remedies

In today’s volatile foreclosure environment, homeowners are unaware of the options that are available to them to avoid foreclosure. The more educated the homeowner, the better chance they will have for...

0 comments    real estate mortgage foreclosure
solugrp profile image55

SpeekEazy

Just the other day I met with a potential client, she's in the middle of a divorce, she's losing her house, and she has enormous credit card debt. She came to me to inquire about doing a short sale. She was...

0 comments    debt mortgage loan
Short Sale Negotiation54

Short Sale Negotiations

Usually, you have spent many times and efforts to prepare a short sale package. You have also spent huge time sending it to the lender and you have made together several types of documents and information...

0 comments    communication professional spent
Karlyn profile image56

An Open Door to Avoid Foreclosure

The effects of the national foreclosure crisis leave homeowners wondering about what to do next. Where will they live? With their credit ruined, how will they qualify for a new place to live? How will this...

0 comments    finance mortgage loans
working