Specialized Loan Servicing: Everything You Need to Know
What Is Specialized Loan Servicing? Specialized loan servicing is a tailored approach to managing loans, primarily mortgages, for borrowers who may face unique financial challenges or circumstances. Unlike traditional loan servicing, which follows a one-size-fits-all process, specialized loan servicing focuses on finding customized solutions for borrowers. It’s common for borrowers to encounter difficulties keeping up ...