Loss Mitigation Department
Spanish translation: mitigación de pérdidas
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| 13:06 Jun 5, 2001 |
| English to Spanish translations [PRO] Bus/Financial | ||||
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|  Selected response from: Davorka Grgic Local time: 14:17 | |||
Grading comment
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| Summary of answers provided | ||||
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| na | mitigación de pérdidas |
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| na | Departamento de Mitigación de Pérdidas |
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Answers
29 mins
mitigación de pérdidas Explanation: loss mitigation: Practices and procedures that usually do not involve foreclosure carried out with delinquent borrowers with the goal of reducing loss. Examples are pre-foreclosure sales and adding missed interest payments to the principal amount of the mortgage. Loss mitigation, and, more generally, claims handling are performed by lender-servicers, the GSEs and the insurers themselves. http://www.insure.com/glossary/results.cfm?pid=279 Loss mitigation: Activities designed to reduce either the likelihood of the corporation suffering financial losses on a loan or the final dollar value of those losses in the event of a borrower default. http://www.fanniemae.com/news/media/glossary/mortgage_glossa... Espero haberte ayudado un poco. arriba |
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35 mins
Departamento de Mitigación de Pérdidas Explanation: Aunque usted no lo crea, el prestamista de su hipoteca podría ser la mejor opción si usted le explica su situación con sinceridad. Recuerde que a su prestamista, o sea su banco, no le conviene que su hipoteca se pierda, ellos hacen su dinero colectando de sus préstamos e intereses, NO anulando hipotecas, (foreclosure). Pida hablar con un supervisor en el departamento de "Loss Mitigation Department". Explíquele su situación y cuanto tiempo usted cree que va a durar esta irregularidad. Recuerde que usted no es la única persona en esta situación y ellos ya tienen experiencia con estos casos.http://www.cccsoc.org/spanish/pages/foreclosure/foreclosure_... Saludos, Bye |
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