Home / FAQs / Can the Loss Mitigation Letter be sent on the 45th day of delinquency on all loans regardless of previous modification or date of origination?

Can the Loss Mitigation Letter be sent on the 45th day of delinquency on all loans regardless of previous modification or date of origination?

The Loss Mitigation Letter does not have any conditions/restrictions; however, it needs to be sent within 45 days on the Early Payment Default, and also within 75 days of the rest of the reportable defaults.

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