Loss mitigation application definition

Loss mitigation application means an oral or written request for a loss mitigation option that is accompanied by any information required by a servicer to evaluate the loss mitigation options available to the borrower.
Loss mitigation application means an oral or written request for a loss mitigation option that is accompanied by any information requested by a servicer for evaluation for a loss mitigation option.
Loss mitigation application means, as set forth in 12 C.F.R. § 1024.31, an oral or written request for a Loss Mitigation Option that is

Examples of Loss mitigation application in a sentence

  • Loss mitigation application means an oral or written request for a loss mitigation option that is accompanied by any information required by the Servicer for evaluation for a loss mitigation option.


More Definitions of Loss mitigation application

Loss mitigation application means an oral or
Loss mitigation application means, as set forth in 12 C.F.R.

Related to Loss mitigation application

  • Mobile Application means a specialized software program downloaded onto a wireless communication device.

  • Creation Application means an application by a Participating Dealer for the creation and issue of Units in an Application Unit size (or whole multiples thereof) in accordance with the Operating Guidelines and the Trust Deed.

  • Application packet means the information, documents, and fees required by the Department for the:

  • L/C Application means an application and agreement for the issuance or amendment of a Letter of Credit in the form from time to time in use by the L/C Issuer.

  • Application Package means the forms, schedules, checklists, exhibits, computer disks and instructions thereto obtained from the Agency, which shall be completed and submitted to the Agency in accordance with all regulations in order to apply for the HTC Program.