A mortgage loan modification can offer an opportunity for borrowers to get their monthly payment on their mortgage reduced to an amount they can afford. A mortgage loan modification may extend the ...

It appears that many at the Treasury Department are keeping their fingers crossed as December 31 approaches. That is the date by which a large number - nearly 375,000 - of loan modifications will have ...

Discover the benefits and drawbacks of loan modification programs, eligibility requirements, and alternatives for struggling homeowners. Learn more today.

Consider a loan modification a lifeline for homeowners in trouble. If you've been hit with financial hardships that hamper your ability to pay the mortgage, there are options other than foreclosure or ...

There is mounting evidence that mortgage servicing companies participating in the Home Affordable Modification Program are failing to meet their obligations under the program. Borrowers and the ...

I believe some of the biggest problems with short sales today fall into the hands of the agent processing the file. Submitting a complete package initially is key. All documents need to be current!

WASHINGTON, Jan 28 (Reuters) - The Obama administration unveiled changes to its $75 billion home loan modification program on Thursday in an effort to boost the number of trial home loans that become ...

WASHINGTON (Reuters) - The Obama administration unveiled changes to its $75 billion home loan modification program on Thursday in an effort to boost the number of trial home loans that become ...

As interest rates decline in 2024, lenders who make home loans to Texas residents are seeing an uptick in loan modification requests. Although a “mod” for a conventional loan is straightforward, there ...