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In total, through government programs and private sector efforts, 10. Once the loan modification process is complete, we compile a file containing the details of the new mortgage plan.Put loan assistance within reach. VA delegates the primary responsibility for loss mitigation to servicers. VA delegates the primary responsibility for loss mitigation to servicers. 2) Deficiencies in servicing, foreclosure, loan modification, and other loss mitigation processes;. In total, through government programs and private sector efforts, 10. However, the attorney can provide us with written authorization to discuss loss mitigation options with the borrower. HSBC Bank USA includes Mortgage Service Center. Some tell homeowners that their home is "scheduled for sale" when no foreclosure judgment has been entered.