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February 29, 2008
iMortgage Services Announces Customizable Loan Workout Program
iMortgage Services LLC announced its Loan Workout service for mortgage lenders and servicers.iMS performs a loss mitigation title search and required document retrieval. Provided there are no intervening liens on the property, iMS issues a loss mitigation title endorsement, allowing the lender to move ahead with modification. The same process can be applied to loans already in default. At the loan servicer's request, iMS will also perform additional valuation, recordation or settlement services.
Posted by S. Germain at February 29, 2008 08:15 AM