Banking

ModCo Launches Loss Mitigation Outreach Program 

The mortgage industry is seeing innovation in the loss mitigation side of the business at a pace unrivaled at any time in the industry’s history — firms like Titanium Solutions, Inc., which provides in-person homeowner counseling services, as well as newly-introduced loss mitigation analysis and outsourcing platforms from major title companies, are seeing demand for their services soar as servicers face a growing tide of troubled borrowers and an increasingly complex set of requirements for how to best assist them.