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  2. What is loss mitigation? - AOL

    www.aol.com/finance/loss-mitigation-131710263.html

    By law, your servicer is required to review your loss mitigation application within 30 days of receipt and issue you an acceptance or denial in writing. Keep in mind: Most servicers offer a 15-day ...

  3. Loss mitigation - Wikipedia

    en.wikipedia.org/wiki/Loss_mitigation

    Loss mitigation has been a tool used by lenders for decades, but experienced tremendous growth since late 2006. [4] This rapid expansion was in response to the dramatic increase in foreclosures nationwide. [5] Prior to late 2006, early 2007; Loss Mitigation was a tiny department within most lending institutions.

  4. Mitigation (law) - Wikipedia

    en.wikipedia.org/wiki/Mitigation_(law)

    The actions of the defendant may also result in the mitigation of damages which would otherwise have been due to the successful plaintiff. For example, the Civil Law (Wrongs) Act 2002 (ACT) provides that mitigation of damages for the publication of defamatory matter may result from any apology made by a defendant and any correction published ...

  5. Water damage - Wikipedia

    en.wikipedia.org/wiki/Water_damage

    Water damage restoration is often prefaced by a loss assessment and evaluation of affected materials. The damaged area is inspected with water sensing equipment such as probes and other infrared tools in order to determine the source of the damage and possible extent of areas affected. Emergency mitigation services are the first order of business.

  6. Local Mitigation Strategy - Wikipedia

    en.wikipedia.org/wiki/Local_Mitigation_Strategy

    Status of Local Hazard Mitigation Plans from FEMA as of March, 2018. A Local Mitigation Strategy (LMS) or Local Hazard Mitigation Plan (HMP) is a local government plan (in the United States, typically implemented at a county level), that is designed to reduce or eliminate risks to people and property from natural and man-made hazards.

  7. No net loss policy in the United States - Wikipedia

    en.wikipedia.org/wiki/No_net_loss_policy_in_the...

    "No Net loss" is the United States government's overall policy goal regarding wetlands preservation. The goal of the policy is to balance wetland loss due to economic development with wetlands reclamation, mitigation, and restorations efforts, so that the total acreage of wetlands in the country does not decrease, but remains constant or increases.

  8. Windstorm inspection - Wikipedia

    en.wikipedia.org/wiki/Windstorm_inspection

    The uniform mitigation verification inspection form (commonly referred to as form 1802) created by the Florida Office of Insurance Regulation is divided into 7 sections and is used to verify the presence of windstorm mitigation features on a policyholder's property so the insurer can calculate proper discounts.

  9. Loss and damage (climate change) - Wikipedia

    en.wikipedia.org/wiki/Loss_and_damage_(climate...

    Loss and damage (in the context of climate change) is a concept to describe results from the adverse effects of climate change and how to deal with them (beyond climate change adaptation). [1] There has been slow progress on implementing mitigation and adaptation. Some losses and damages are already occurring, and further loss and damage is ...