During our reviews of different companies, we ask operators what their process is for managing Loss Mitigation. Generally, the term, Loss Mitigation, is used to explain the process of negotiating ...
FHA first proposed the 40-year loan modification on April 1. The new option is intended to help borrowers who can’t achieve a minimum targeted 25% reduction in the principal and interest (P&I) portion ...
In a conference call/press conference on Thursday, the Conference of State Bank Supervisors (CSBS) released its first report on loss mitigation efforts as reported by 13 major residential mortgage ...
Four months after launching a $4 million fund to help businesses survive the construction of the Central Corridor light rail project, officials have lent just a bit more than 10 percent of that amount ...
Note: Darin Lowder and Sunita Paknikar discussed this article on a recent episode of the Powered by Foley podcast. Click here to listen. Construction financing is used to fund the construction of ...