They are mandated to alert appropriate law enforcement agency in event of serious default by a probationer. (jobdescriptionandresumeexamples.com)
According to the National Reverse Mortgage Lenders Association (quoting 2017 data from New View Advisors), in just two years financial assessment has reduced tax - and insurance - related defaults by nearly 75 % and serious defaults by almost two - thirds. (mortgageorb.com)
Indeed, after recently being briefed on the matter by European pension players, he concluded the possibility of serious defaults in the wake of these new rules «is all too real. (canadianbusiness.com)