Home / FAQs / Do we perform loss mitigation the same if the borrower is already under Service members Civil Relief Act (SCRA) protection, but still unable to make his/her monthly payment?

Do we perform loss mitigation the same if the borrower is already under Service members Civil Relief Act (SCRA) protection, but still unable to make his/her monthly payment?

Revision needs to be continued on Loss Mitigation options even in case it is under the protection of SCRA. Everybody should discuss these options with his/her homeowner to get rid of further expenditure. This also has the possibility to become a perfect chance for accepting partial payments from the homeowner so that the delinquency from increasing at a fast pace is prevented.

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