General Foreclosure Loss Mitigation Overview

Even though the foreclosure crisis is over, many loss mitigation programs remain. These options often offer better outcomes that traditional litigation. CVLS Staff Attorneys Matt Hulstein and Gabe Borges will give a brief overview of what options are available. Reinstatement, repayment, forbearance, modification, short sale, deed-in-lieu, and consent judgment alternatives will be reviewed for both conventional and reverse mortgage loans.