RHS Handbook 1-3555 Updates: Loss Claim and Loss Mitigation

January 27, 2020

RHS has revised Handbook 1-3555 Chapters 18 and 19 to streamline the loss claim process for lenders who have acquired title to property through voluntary liquidation or foreclosure; clarify that lenders must comply with applicable laws, and better align loss mitigation policies with the mortgage industry effective April 24, 2020. 

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