What is Real Loss Mitigation
With the current explosion of home foreclosures, the term “loss mitigation” is bandied about a lot.
What is loss mitigation? Can it really help someone who is in danger of losing his home to foreclosure?
The true definition of loss mitigation means quite simply that a homeowner’s loss is “mitigated”, lessened or made less severe.
Last modified March 18, 2008Author 2224 > has blogged 33 times
