RC_LA_DA_301.3 Loss Mitigation Options

Member Price: $49.00

Nonmember Price: $79.00

Product Code: DL2-011050-WC-W

Purchase

This is a single-family/residential course.

Loss Mitigation Optionsexamines the basic types of retention and disposition loss mitigation options. We begin the course with an overview of these options and the factors that determine whether a retention or disposition option is the better choice for a particular situation. Next, we examine the various retention options such as reinstatement and repayment, forbearance, claims, loan modification, refinance strategies, and other retention programs. We then study the options that involve disposition of the property (short sales and deeds-in-lieu of foreclosure), as well as the Home Affordable Foreclosure Alternatives Program.

Topics:

  • Paths of Loss Mitigation
  • Reinstatement and Repayment Plans
  • Forbearance
  • Claims
  • Loan Modification
  • Refinance Strategies
  • Other Retention Programs
  • Short Sale
  • Deeds-in-Lieu of Foreclosure
  • Home Affordable Foreclosure Alternatives (HAFA) Program

    Seat time approximately one (1) hour.

    Copyright 2018.

  • Notes

    This is a self-paced, self-study course. Enroll anytime and take up to 12 months to complete the course.

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