Program Units of Service. The Program Units of Service module will allow the agency to track units of services that program participants receive. The agency can enter the information client by client or utilize the rapid fill option.
A sign along the road advertising foreclosure rescue. A foreclosure rescue scheme is a scam that targets those whose house is facing potential foreclosure. The scheme preys on desperate homeowners whose mortgages are in default by offering to prevent the foreclosure.
A recourse loan is a loan which allows the lender to take action above and beyond repossessing the home (through the foreclosure process) to recover the mortgage debt. In other words, the lender has recourse to the borrowerâs assets other than the house securing the mortgage. If the lender is unable to satisfy the balance of the loan by foreclosing on and selling the home, it can sue the borrower to recover that balance, which is called the deficiency.