As used in this chapter, 'loss mitigation package' means a set of documents, the components of which:(1) are specified by the authority under section 10(i) of this chapter;(2) provide information about a debtor's present and projected future income, expenses, assets, and liabilities; and(3) are necessary for a creditor to make underwriting decisions or other determinations in connection with a potential foreclosure prevention agreement with the debtor to whom the documents apply.As added by P.L.170-2011, SEC.6.
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