When a loan starts to present challenges, it moves beyond standard servicing. This is where specialty loan servicing comes into play. It’s a more hands-on approach designed for loans that …
Managing loans that have stopped making payments, known as non-performing loans (NPLs), can be a real headache for lenders. It’s not just about chasing payments; it’s a whole different ball …
Facing a foreclosure can be a really stressful time, and in California, the process often happens outside of court. This is known as a non-judicial foreclosure. It’s a bit different …
Selecting the right loan servicing company is a big decision for any lender. It’s not just about handing over the reins; it’s about finding a partner who can handle the …
Following the latest housing crisis in 2008, state government agencies have been stepping up mortgage relief programs that encourage lenders and servicers to use loss mitigation options that allow borrowers …