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Will the servicer still receive an incentive for completion of a Loss Mitigation option if VA makes a loss mitigation recommendation?

Published 08/10/2012 11:02 AM   |    Updated 08/10/2012 11:15 AM

If VA makes a loss mitigation recommendation, will the servicer still receive an incentive for the successful completion of a Loss Mitigation option?

If VA has to do supplemental servicing to propose a loss mitigation option, then the servicer would not be eligible for an incentive payment.