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Old 02-05-2008, 01:38 PM
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Default Is default department the same as loss...
...mitigation department?
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Old 02-08-2008, 08:20 AM
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Default Loss Mitigation Department
there are different areas of default, default starts with collections and then to the early loss mitigation then foreclosure/Loss Mitigation. Every mortgage/servicer runs their business a bit differently but basically the same.
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