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Loss Mitigation General Chat loss mitigation

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Old 07-01-2008, 04:34 PM
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Join Date: Jul 2008
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I just joined this forum and I am excited to get some feedback from peoples experience. Are most of you here working for someone or working independently.

Scott
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Old 07-02-2008, 02:33 PM
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Join Date: Jul 2007
Posts: 692
Default Loss Mitigation

Independently or working with someone else, not sure your question. Please give more details around your question.
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Old 07-08-2008, 04:53 PM
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I am just wondering what the percentage of people here are doing loss mitigation as an employee of a company or independently doing it. I am a seasoned mortgage lender and due to the slowdown in my industry I am interested in earning some supplemental income. I figured that my experience on the lending side would assist.

Thanks
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Old 07-08-2008, 07:20 PM
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Default mortgage broker loss mitigation

Totally different mindset. there are similarities but many difference are vast. You think LTV and DTI and they are not even considered in most instances. It has been a little harder to work with mortgage brokers because of the way they are accustomed to approaching a loan.
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