A mortgage letter of explanation is written by someone attempting to borrow money and explains a situation that could present lender risk. When risk is evident, mortgage underwriters often require a letter of explanation... More »

People asking for loan modifications should write mortgage hardship letters that include explanations of their financial hardships, potential solutions and steps already taken to address the hardships, advises Bankrate. ... More »

www.reference.com Business & Finance Credit & Lending

A letter of explanation for a mortgage underwriter should explain delinquencies on a person's credit report, how they happened and the steps being taken to ensure they do not occur in the future. Often, a mortgage underw... More »

A letter of explanation for derogatory items on a credit report should explain the circumstances that caused any late payments and why future late payments will not occur, according to Guston Cho Associates. Writers shou... More »

A letter of explanation for a mortgage underwriter should explain delinquencies on a person's credit report, how they happened and the steps being taken to ensure they do not occur in the future. Often, a mortgage underw... More »

When composing a hardship letter to a mortgage company to defend a foreclosure, you should present a clear picture of your current financial situation and explain the circumstances that are beyond your control that have ... More »

www.reference.com Business & Finance Credit & Lending

To collect money from someone who owes you a debt, follow a few forceful steps that include offering a payment plan, reminding the person of the debt in person, sending them a letter, having a lawyer write them a letter ... More »

www.reference.com Business & Finance Credit & Lending