Formed by experts in the mortgage industry, WMG believes that loss mitigation is the ideal way to help homeowners…and we’re converting lenders and brokers to believe in our message.
Headquartered in Irvine, California, WMG is an industry innovator driven to give borrowers and brokers more options so that no loan is impossible.
Working as an impartial arbitrator, WMG’s specialists:
- Assess the homeowner’s situation with an underwriting review
- Present brokers with recommendations for borrower
- Develop a comprehensive outline of the borrower’s financial situation to present to the servicer
- Negotiate a new loan directly with the lender
The result can be new affordable loan terms, thousands of dollars in debt being forgiven, or a whole new loan that the borrower can afford.
This form of loss mitigation ensures that both parties are happy: the borrower avoids bankruptcy & keeps their home, while the lender avoids foreclosing on a non-performing property. We’re able to make solutions that others can’t and we’re able to resolve loans no one else can touch.
We believe loan modification and loss mitigation are the smarter way to serve borrowers – exhausting all possibilities to find the best solution.
