
Loan Modification Document Solutions Help Ensure Successful Default ManagementBesides 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:
*April 2007—Special Report from the Congress Joint Economic Committee View: Top Considerations in Taking a Best Practices Approach to Loan Modification Documentation* Indicates Required Field |
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