accountOur Citi Homeowner Assistance program and our newly launched Homeowner Unemployment Assist program are two examples.
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LOSS MITIGATION
Typically, loss mitigation is when a third party helps a homeowner, a division of the bank that mitigates the loss of the banks, or a firm that handles the negotiations between homeowner and lender. Using loan modifications, short sales, deeds in lieu, HUD/FHA Hope for Homeowners programs as forms of loss mitigation can help individuals and families preserve their credit and avoid home foreclosure.
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Mortgage Loan Loss Mitigation Specialist II
Branch Banking and Trust Company
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Greenville, SC
Posted: May 22