Loan Modification Document Solutions Help Ensure Successful Default Management

Besides displacing a homeowner, a foreclosure can result in up to $80,000 in losses for the homeowner, lender, local government, and neighboring homeowners whose homes fall in value. With approximately 1.5 million subprime adjustable rate mortgages (ARMs) expected to reset to higher interest rates in 2008*, servicers need to rapidly implement comprehensive loan modification programs.

Desert Document Services’ loan modification document solutions help meet your specific business and workflow needs with:

  • Standardized loan modification agreements that can be quickly customized
  • Flexible document packages—from individual documents to complete document packages
  • Rapid Implementation utilizing "Industry Best Practices" approaches
  • Compliance expertise to help ensure federal, state, and investor compliance
  • Flexible secure delivery options, including eSign so you can rapidly obtain borrower acceptance

*April 2007—Special Report from the Congress Joint Economic Committee

View: Top Considerations in Taking a Best Practices Approach to Loan Modification Documentation

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