For the principle in law that a party who has suffered loss should take reasonable action to minimize the amount of the loss suffered, see Mitigation (law).
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Loss mitigation[2] is used to describe a third party helping a homeowner, a division within a bank that mitigates the loss of the bank, or a firm that handles the process of negotiation between a homeowner and the homeowner's lender. Loss mitigation works to negotiate mortgage terms for the homeowner that will prevent foreclosure. These new terms are typically obtained through loan modification, short sale negotiation, short refinance negotiation, deed in lieu of foreclosure, cash-for-keys negotiation, a partial claim loan, repayment plan, forbearance, or other loan work-out. All of the options serve the same purpose, to stabilize the risk of loss the lender (investor) is in danger of realizing.
[circular reference] Lossmitigation is used to describe a third party helping a homeowner, a division within a bank that mitigates the loss of the bank, or...
and when an unforeseen disaster occurs, mitigation is necessarily after the fact. Proactive disaster mitigation measures may be structural or non-structural...
dominant cause must not be excluded Mitigation – In case of any loss or casualty, the asset owner must attempt to keep loss to a minimum, as if the asset was...
Stock rotation is a way of mitigating stock loss. It is the practice, used in hospitality and retail, especially in food stores such as restaurants and...
as mitigation, often referred to as a mitigation ratio, than is adversely impacted by management or development of nearby acreage. Wetland Mitigation Credits...
foresees in the project. Preparing mitigation plans for risks that are chosen to be mitigated. The purpose of the mitigation plan is to describe how this particular...
Environmental mitigation, compensatory mitigation, or mitigation banking, are terms used primarily by the United States government and the related environmental...
the mitigation tools that can yield the most emissions reductions before 2030.: 43 Land-based mitigation options are referred to as "AFOLU mitigation options"...
time, not because mediation is a bad idea but because of the limited lossmitigation options and because most state court judges could not or would not...
Habitat destruction (also termed habitat loss and habitat reduction) occurs when a natural habitat is no longer able to support its native species. The...
Program (HAMP) Home Affordable Refinance Program (HARP) HUD auction Lossmitigation Occupy Homes Repossession Real estate trends Short sale (real estate)...
assessments commonly use the term mitigation, while broader climate change reports tend to use adaptive capacity instead (mitigation holds another definition in...
or weight loss surgery) is a medical term for surgical procedures used to manage obesity and obesity-related conditions. Long term weight loss with bariatric...
house and buying another one. Mortgage loans Negative amortization Lossmitigation Strategic default Equity (finance) Home equity protection America's...
been achieved, it would not have resulted in a significant mitigation of biodiversity loss. They added that failure of the global community to reach these...
State of Florida and the Division of Emergency Management's Hurricane LossMitigation Program provided Vizcaya with a grant of $194,000 to help prevent future...
benchmarks regulating net gain or loss State Wetland Conservation Plans wetlands mitigation banking (compensatory mitigation where wetlands credits are acquired...
process when the borrower has submitted a complete application for lossmitigation options, and Not pay kickbacks or pay referral fees to settlement service...
impact on the understanding and mitigation of systemic risk. Systemic risk Loss function Loss function § Expected loss Potential future exposure Sandra...
packet lossmitigation, video over IP will only work if the network is capable of carrying the content with some reasonable maximum packet loss rate. In...
year. Loss of load events are calculated before the mitigating actions (purchasing electricity from other systems, load shedding) are taken, so a loss of...
agriculture). Mitigation measures in the food system can be divided into four categories. These are demand-side changes, ecosystem protections, mitigation on farms...
data loss and the impact can be greatly mitigated by taking proper precautions, those of which necessary can vary depending on the type of data loss. For...
compared to 77% for mitigation. The Paris Agreement called for a balance of climate finance between adaptation and mitigation, and specifically increasing...
Marine insurance covers the physical loss or damage of ships, cargo, terminals, and any transport by which the property is transferred, acquired, or held...
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