This 1-day workshop provides in-depth training for loss mitigation specialists, mortgage counselors, collectors and foreclosure/bankruptcy specialists. Increase your knowledge about various workout options. Learn to analyze data about the borrower and the property to assess whether an alternative to foreclosure is appropriate, and select the optimum alternative for the situation.
Prerequisites:
You must be an approved Freddie Mac Servicer to participate in this session.
Objectives:
Improve your understanding about the loss mitigation process in order to proactively pursue and manage alternatives to foreclosure that can help to reduce your costs and keep borrowers in their homes.
Topics:
The loss mitigation process
Foreclosure alternatives and the incentives we offer
Alternatives to Foreclosure