A mortgage modification can help you get better terms on your home loan if you’re struggling to make payments. The Flex Modification program is designed to help homeowners who have mortgages that are ...

Discover how loan modification can help you avoid foreclosure, understand government programs available, and learn the steps to apply effectively.

The Flex Modification program helps homeowners experiencing financial hardship to extend their loan term and reduce principal and interest payments. The program can reduce payments by up to 20 percent ...

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 ...

In the post-pandemic era, mortgage rates hit their highest level in years as the Federal Reserve raised the benchmark interest rate to fight inflation. Compare your top mortgage loan rates now. "As ...

Federal Housing Finance Agency (FHFA) director James Lockhart announced on Tuesday that the FHFA, along with Fannie Mae and Freddie Mac, would be adopting a new, streamlined approach to loan ...

Loan modifications through the HOPE NOW program increased dramatically in July, soaring 43 percent from the number of completed modifications in June. HOPE NOW, the voluntary, private sector alliance ...

A loan modification is a change to your original loan terms. You may request a loan modification if you can no longer afford your monthly payments, but it’s important to know what you’re getting into ...

For the past decade, rate marketing has been the dominant gravitational force in mortgage acquisition. Whoever shouted the lowest 30-year fixed rate the loudest won the most attention. But attention ...

Wells Fargo & Co. has become the second bank to sign up for a government program to modify second mortgages. The program is part of the Obama administration’s mortgage modification program that is ...

The Obama Administration is gearing up to play hardball with mortgage companies that only temporarily lower struggling homeowners’ monthly payments. But as the drive to make more loan modifications ...

A defining feature of the 2008 recession was the staggering number of people who lost their homes. While there were 717,522 foreclosures in 2006, according to the Pew Research Center, that number ...