bank lender: Short Sales Foreclosures, Etcc.
- 05/28/08 02:35 AM
This is a topic near and dear to my heart. I do a lot of loss mitigation work. This is where banks ask me to meet with a homeowner and look for ways to work things out to keep the homeowner in the home (translation: see if the loan can be saved). This sounds somewhat mercenary, the way I just described it. it isn't in reality. First the homeowner through some event or chain of events has fallen behind. The payments are missed, and both the homeowner and the bank are worried. One is worried that they will lose the roof … (1 comments)
This is a topic near and dear to my heart. I do a lot of loss mitigation work. This is where banks ask me to meet with a homeowner and look for ways to work things out to keep the homeowner in the home (translation: see if the loan can be saved). This sounds somewhat mercenary, the way I just described it. it isn't in reality.
;)
;)
