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Loss mitigation [1] is used to describe a third party helping a homeowner, a division within a bank that mitigates the loss of the bank, or a firm that handles the process of negotiation between a homeowner and the homeowner's lender. Loss mitigation works to negotiate mortgage terms for the homeowner that will prevent foreclosure.
Windstorm inspections look for construction features that have been shown to reduce losses in hurricanes, such as a hip roof, concrete block construction, the presence of gable end bracing, shutters and opening protections, the presence of roof to wall attachments such as toe nails, clips or hurricane straps, and the presence of a secondary ...
Landslide mitigation refers to several human-made activities on slopes with the goal of lessening the effect of landslides. Landslides can be triggered by many, sometimes concomitant causes.
What do you do if your mold claim is denied? If mold isn’t a listed exclusion in your homeowners insurance policy and the provider denies your claim, you can appeal the insurer’s decision .
Loss mitigation is one of many responsibilities your servicer oversees. Ultimately, it’s in the servicer’s best interest to help you repay your mortgage or at least reduce losses for both ...
Environmental mitigation refers to the process by which measures to avoid, minimise, or compensate for adverse impacts on the environment are applied. [1] In the context of planning processes like Environmental Impact Assessments, this process is often guided by applying conceptual frameworks like the "mitigation hierarchy" or "mitigation sequence". [2]
Given that the primary factor people can reliably control is how resistant houses are to igniting, wildfire mitigation policy in California is inextricably linked to housing policy — which is ...
Most construction site managers have an entry level experience or higher degree. Before any excavation takes place, the contractor is responsible for notifying all applicable companies that excavation work is being performed. During excavation, the contractor is responsible for providing a safe work environment for employees and pedestrians.
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