<title>Abstract</title> This article documents the growing importance of preventive servicing—business practices that emphasize early intervention in delinquency and default management practices that also help financially troubled borrowers avoid foreclosure. We suggest that the loan servicing side of the...

Although loan modifications are being widely used as a way to stabilize housing markets by preventing avoidable foreclosures, not much is known about the ways in which specific servicer-related factors affect the likelihood of modifications. Using a large sample of nonprime loans, this study...