Our loss mitigation team is currently comprised of 8 staff members, one team lead and one supervisor. The groups combined years of experience exceed 65 years. Our highly trained and experienced staff focuses their efforts on home retention reviewing both the borrower's willingness and financial ability to resolve their delinquent mortgage. The staff uses standard resolution vehicles such as modifications, repayment plans, forbearance plans or in some cases a combination of each resolution strategy is used. When retention is not a viable option, the team works with the borrower to develop a disposition strategy that will help them maintain their dignity by avoiding foreclosure. Disposition strategies include short payoff's, compromise sales and deed in lieu of foreclosures.