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 ...

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 ...

Whether you need a loan modification or refinance depends on your financial situation. If you’re in financial distress or in imminent danger of foreclosure, your existing lender may offer a loan ...

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 ...

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 ...

This article was originally on a blog post platform and may be missing photos, graphics or links. See About archive blog posts. What does it take to keep a loan modification on track? Patience, of ...

Mortgage loan modification means to try to get a better bargain from one's moneylender regarding the terms and conditions levied on the loan. It could be a request to write off precedent credit ...

A loan program that can help with housing costs is flying under the radar in Berkshire County. The Home Modification Loan Program is a state-funded initiative that provides up to $50,000 in financing ...

A Westbury family is the lead plaintiff in a new class-action suit against a major home-loan servicing company, Saxon Mortgage Services Inc., charging that it intentionally misused the federal loan ...

Banks and financial institutions have received $75 billion in taxpayer money to offer more affordable mortgages to homeowners. Hundreds of thousands of families have tried to obtain loan modifications ...