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How to file an incentive claim for repayment plans, forbearances and modifications

Published 08/10/2012 10:59 AM   |    Updated 08/10/2012 11:15 AM

How does my loss mitigation department file an incentive claim for repayment plans, forbearances and modifications?

No claim is required to be filed. You must report the proper Loss Mitigation Event and then the cure event will kick off the incentive payment if all business rules have been met.