A new proposal aims to enhance communication between lenders and defaulted borrowers by modernizing the existing methods. The initiative seeks to build upon the success of remote communication methods implemented during the pandemic, with the goal of improving efficiency and effectiveness in addressing defaulted loans.
Key points:
– Proposal focuses on modernizing communication between lenders and defaulted borrowers
– Aims to improve efficiency and effectiveness in addressing defaulted loans
– Draws inspiration from the success of remote communication methods during the pandemic era.
You can read this full article at: https://www.housingwire.com/articles/fha-aims-to-allow-remote-communication-between-defaulted-borrowers-and-lenders/(subscription required)
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