Loss Mitigation Plan

Entry: User, alphanumeric

F/M: Yes

Mnemonic: QABRPD

Screen: Account Delinquency; Bankruptcy; Foreclosure & Repossession & Judgment; Collection Queues, Detail & Queue Processing tab, Comments tab

Field Group: Comments

Use this field to select the loss mitigation plan the borrower has agreed to. These plans are defined by your institution on the Loans > System Setup > Loss Mitigation Plan Descriptions screen.