Your Borrower Has Died: Actions to Take, Mistakes to Avoid

It could happen today – one of your borrowers dies while still owing on a loan or other obligation to your financial institution. In this situation, you must act swiftly to increase your chances of collecting on the loan and to avoid liability. What should you do? This webinar will thoroughly explain the proper procedures and processes to follow when a borrower dies, including the special procedures under the mortgage servicing rules regarding home loans.

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