Secure Collateral offers loss mitigation services designed to reduce delinquency and foreclosure expenses incurred by our Client. Our loss mitigation specialists have in excess of 25 years of mortgage collection and loss mitigation experience and will negotiate on the lenders behalf to achieve the optimal solution to the delinquency.
Telephone communication with property owner to obtain information concerning the Borrower’s employment, income, financial obligations, any additional income or repayment proposal.
Personal meeting with property owner to obtain updated information concerning the Borrower’s employment, income, financial obligations, any additional income and repayment proposal.
Experienced loan counseling team conducts telephone interviews with Borrower(s) to determine reason for delinquency, resolution options and introduction of possible loss mitigation alternatives.