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  2. What is loss mitigation? - AOL

    www.aol.com/finance/loss-mitigation-131710263.html

    Loss mitigation is a way for mortgage lenders to help borrowers who are struggling to make their monthly payments avoid losing their homes. You can keep your home with many loss mitigation options ...

  3. Loss mitigation - Wikipedia

    en.wikipedia.org/wiki/Loss_mitigation

    Loss mitigation has been a tool used by lenders for decades, but experienced tremendous growth since late 2006. [4] This rapid expansion was in response to the dramatic increase in foreclosures nationwide. [5] Prior to late 2006, early 2007; Loss Mitigation was a tiny department within most lending institutions.

  4. Loan modification in the United States - Wikipedia

    en.wikipedia.org/wiki/Loan_modification_in_the...

    Loan modification is the systematic alteration of mortgage loan agreements that help those having problems making the payments by reducing interest rates, monthly payments or principal balances. Lending institutions could make one or more of these changes to relieve financial pressure on borrowers to prevent the condition of foreclosure.

  5. LoanDepot - Wikipedia

    en.wikipedia.org/wiki/LoanDepot

    In November 2015, loanDepot claimed to be the second largest non-bank provider of direct-to-consumer loans in the United States and postponed a planned IPO, citing poor market conditions. [10] In March 2017, the company introduced technology to automate the loan process, allowing customers to apply for a mortgage without talking to a loan ...

  6. Mortgage loan modification: What it is and how to get one - AOL

    www.aol.com/finance/mortgage-loan-modification...

    Contact your servicer’s loss mitigation department and ask for a loan modification. Keep a careful record of the representatives you interact with and get everything in writing.

  7. loanDepot.com, LLC -- Moody's affirms loanDepot.com, LLC's ...

    www.aol.com/news/loandepot-com-llc-moodys...

    Assessment Announcement: Moody's affirms loanDepot.com, LLC's conventional, conforming originator assessment at AverageGlobal Credit Research - 27 Apr 2021New York, April 27, 2021 -- Moody's ...

  8. PHH Corporation - Wikipedia

    en.wikipedia.org/wiki/PHH_Corporation

    Between April 30, 1997 and February 1, 2005, PHH was a wholly owned subsidiary of Cendant Corporation (now known as Avis Budget Group) and its predecessors that provided mortgage banking services, facilitated employee relocations and provided vehicle fleet management and fuel card services. [citation needed]

  9. Denied a mortgage to buy a Florida condo? A secret, quasi ...

    www.aol.com/news/denied-mortgage-buy-florida...

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