Loss mitigation is a third-party division that works as a liaison between the bank and the borrower when a homeowner is having trouble paying the mortgage. Loss mitigation divisions may modify the terms of a mortgage or the interest rates. Learn more about loss mitigation with information from a mortgage specialist in this free video on real estate.
Expert: Stetson Lowe
Contact: stetsonlowe.typepad.com
Bio: Stetson Lowe is a credit repair expert. Known as the "mortgage insider," Lowe assists increasing credit scores for the most challenging of clients.
Filmmaker: Paul Kersey
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