RC_LA_DA_301.3 Loss Mitigation Options
Member Price: $49.00
Nonmember Price: $79.00
Product Code: DL2-011050-WC-WPurchase
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.
Seat time approximately one (1) hour.