Default Servicing

Bankruptcy and Foreclosure

This course gives an overview of Bankruptcy and Foreclosure

Default Servicing

Loss Mitigation - Waterfall options

This course is about the waterfall loss options that are Loan modification, Short sale and Deed-in-lieu of foreclosure and as to why borrowers opt for these options.

Default Servicing

Loss Mitigation - Non-Waterfall options

This course is about the non-waterfall options in Loss Mitigation which are Reinstatement, Repayment plan, Forbearance plan and Payment Deferral.

Default Servicing

Introduction to Default Servicing

This course is to give you an Introduction to Default Servicing. Here, you would know what does loans in good standing, and in default mean and the different reasons for default. You would understand what Default Servicing is, the two stages in Default Servicing and the importance of Early Intervention, Qualified Right Party Contact, and Borrower Notices.