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Loan Modification Negotiations When negotiating with your mortgage company/servicer on a loan modification or loan workout to prevent foreclosure, be honest about your financial situation so the negotiator or third party can find the best solution for you and your family. You will be asked to supply documentation proving the stated facts to be true. After calling and advising your servicer of your hardship, you will need to continue to call, fax and email in an effort not to get lost in their loss mitigation department. The mortgage company/servicer will want to see specific documentation and you need to be very … (0 comments)
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