If the payments are affordable, then the traditional loss mitigation option will be used to help the veteran retain the home and avoid foreclosure. (vahomeloancenters.org)
It also resulted in fresh guidelines for the kinds of loss mitigation options homeowners have, and standard procedures for providing those products. (gocleancredit.com)
When loan modifications are not an option, other community friendly loss mitigation options are implemented. (drifund.com)