To help U.S. mortgage investors and servicers halt a skyrocketing number of foreclosures, Wolters Kluwer Financial Services has launched the company’s Loss Mitigation Resource Center. The comprehensive online portal serves as a gateway for investors, lenders and servicers to access detailed information that can help them build and strengthen their loss mitigation programs. In May, the Mortgage Bankers Association reported that a record 12 percent of U.S. homeowners with a home loan fell behind on their payments in the first quarter of 2009.Read more
More state and national mortgage news and mortgage press releases:
- Prommis Solutions and Radian partner on loss mitigation program Prommis Solutions, a nationwide Business Process Outsourcing (BPO) provider...
- Wolters Kluwer Financial Services launches RESPA toolkit Wolters Kluwer Financial Services is offering banks, credit unions...
- LPS Desktop Loss Mitigation deploys Home Affordable Modification (HMP) functionality Lender Processing Services Inc., a provider of integrated technology...
- FTC halts mortgage operation for misrepresentation of loss mitigation At the request of the Federal Trade Commission, a...
- Wolters Kluwer launches new RESPA audit tool Wolters Kluwer Financial Services has announced the launch of...
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