Default Mitigation Management, DMM, was created to help both the borrower and the lender resolve their defaulted loan.
Not just the borrower's or the lender's defaulted loan, the loan belongs to both the lender and borrower. Without cooperation
and a joint effort it will become a foreclosed loan.
DMM has over 100 years of loan workout and property
management experience to help negotiate and resolve
defaulted loans. Along with its partners, California REO,
American Legal and Financial Network (AFN), DMM is able to offer a solution to the
default process through all types of resolution.
DMM is usually retained by the lender to help reach those customers that either do not want to talk to the lender, or are beyond
the lenders ability to workout repayment. Many times DMM becomes the mediator in negotiating the resolution of the loan.
Most of the time there are alternatives to foreclosure and bankruptcy. DMM is here to help you with how...