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Loss mitigation is a way for mortgage lenders to help borrowers who are struggling to make their monthly payments avoid losing their homes.
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.
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Shell Point is a census-designated place (CDP) in Beaufort County, South Carolina, United States. The population was 2,336 at the 2010 census. [5] Shell Point is served by the Burton Fire District. As defined by the U.S. Census Bureau, Shell Point is in the Hilton Head Island−Bluffton, SC Metropolitan Statistical Area.
The company's name was derived from the phrase “direct technology.” [3] [4] DiTech became one of the first lenders to offer mortgages to the public online and via a toll-free number. [3] In April 1995, Reddam began originating, selling, and servicing mortgage loans tied to the prime interest rate .
This site map shows the future Shell Pointe Colony residential subdivision where national homebuilder Taylor Morrison Homes plans to build 701 homes along the south side of Pioneer Trail, west of ...
The Department of Emergency Management (OEM) is the lead agency on all matters related to responding to and mitigation threats caused by natural disasters. To perform this function, the Department works closely with the Oklahoma Department of Public Safety , the Oklahoma State Department of Health , the Oklahoma National Guard , and the ...
Shell Point is an unincorporated community in Wakulla County, Florida, United States. Shell Point is located on the northern edge of Apalachee Bay , approximately 30 miles [ 1 ] south of Tallahassee .