For banks and credit unions, loss mitigation means evaluating each defaulted borrower for workout options, including loan modifications, repayment plans, forbearance agreements, short sales and deed-in-lieu of foreclosure, and choosing the path that maximizes recovery while minimizing losses, regulatory risk and time to resolution. Regulators expect a documented, consistent process; members and customers expect to be treated fairly.

UCLS designs compliant loss mitigation programs tailored to each lender’s portfolio composition and regulatory profile, and First Lien Resolutions executes the borrower-facing resolution work.