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Our Four Step Process
LoanCraft's Loan Modification services are designed with a very specific philosophy in mind. We believe the servicer should keep to the following principles:
- Be Pro-Active
- Implement a Uniform Solution
- Do Not Yield to Individual Negotiation by Borrower Representatives
- Emphasize Contact -- It Will Yield Better Results
We have developed our four-step process with these principles in mind. This process is consistent with the "Mod-in-a-Box" template put forth by the FDIC, and consistent
with the requirements of Freddie Mac and Fannie Mae. Further, because with the emphasis on contact, these steps go beyond those templates, we also believe this is the best approach for loans held by any
investor.
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