I don’t know how flexible/inflexible Loss Mitigation departments can be in solving problems. If anyone has any contacts that might help me solve a Loss Mitigation problem creatively, please let me know.
The problem is this. If we know that someone has abandoned a house, and we also know that the person has left the country (=untraceable), are there any recourses short of purchasing the property at auction, since it will undoubtedly go into foreclosure?
A sticky problem, but hopefully Corporate America won’t be to blind to solve it creatively. :banghead:
Thanks a bunch!