DMM Web Portal Available for Loss Mitigation Cases April 11, 2011
On November 1, 2009, the U.S. Bankruptcy Court for the District of Rhode Island adopted a court supervised Loss Mitigation Program. To date, the program has saved over 150 homes in the state through successful loan modifications. To further improve the effectiveness and efficiency of the program, beginning on Monday, April 11, 2011, the Court will partner with Default Mitigation Management LLC to pilot its web application known as the DMM Web Portal to automate the document exchange process between debtors and servicers engaged in the Court’s loss mitigation program.
Click here for the full press release
Click here for the court's DMM page (On-line loss mitigation document exchange application.)