Understanding Dual Tracking Laws in Virginia: A Comprehensive Overview

Understanding Dual Tracking Laws in Virginia: A Comprehensive Overview

Introduction to Dual Tracking Dual tracking is a mortgage servicing practice that involves a lender actively pursuing foreclosure on a property while simultaneously assessing a borrower’s application for loss mitigation or loan modification options. This dual approach creates a complex situation for borrowers, as they may find themselves in a precarious position where their lender … Read more