Prommis Solutions Subsidiary Offers Full-Service Loss Mit

Prommis Solutions LLC, a national provider of default processing services, says it will now perform full-service loss mitigation solicitation and fulfillment services for mortgage lenders, servicers, insurers, investors and law firms through its subsidiary Prommis Homeownership Solutions Inc.

The loss mitigation teams at Prommis work directly with clients and their borrowers to solicit, facilitate and execute all types of loss mitigation programs, including Home Affordable Modification Program (HAMP) and Homeowners Affordability and Stability Plan (HASP) waterfall analyses, repayment plans, loan modifications, partial claims, short sales, deeds-in-lieu of foreclosure, bankruptcy loss mitigation, and Fannie Mae's HomeSaver Advance.

SOURCE: Prommis Solutions

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