Philadelphia-Area Counselor To Use DMM

Posted by Orb Staff on June 04, 2010 No Comments
Categories : Mortgage Servicing

er Credit Counseling Service of Delaware Valley (CCCSDV), a housing counseling and mediation provider for borrowers in the Philadelphia and Greater Delaware Valley area, has signed on to use the loss mitigation Web portal offered by Default Mitigation Management LLC (DMM). The portal allows CCCSDV to electronically submit borrower information to loan servicers. The portal eliminates lost documents and provides a secure messaging system that allows direct communications between the submitter and the loan servicer, including automatic e-mail notification of status changes and messages, DMM says. The portal also provides both production and customized reports on the results. DMM produced the portal in conjunction with the National Association of Chapter 13 Trustees and introduced the system nationally in January 2009. SOURCE: [link=]Default Mitigation Management LLC

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