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Loss Mitigation General Chat General chat forum

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Old 07-17-2008, 03:15 AM
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Question Client signs a work agreement and makes their first posting?

Client signs a work agreement and makes their first posting? Is the posting the mortgage payment that's put into trust?? I'm confused by this. Is it really necessary???
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Old 07-18-2008, 12:21 AM
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Default Loss Mitigation education

your post is confusing, there are no mortgage payments allowed to be made while a loan is in foreclosure. If a payment is made it is not applied but put into a suspense account.
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