Complete loss mitigation application means a loss mitigation application for which a servicer has received the information that the servicer reasonably requires from a borrower to evaluate the loss mitigation options available to the borrower.
Complete loss mitigation application means an application in which a servicer has received all of the information that the servicer requires from a borrower in evaluating applications for loss mitigation options available to the borrower. A
Complete loss mitigation application means an application in which a servicer has received all of the information that the servicer requires from a borrower in evaluating applications for loss mitigation options available to the borrower. A servicer shall exercise reasonable diligence in obtaining documents and information to complete a loss mitigation application.