Loan modifications are a long-term mortgage relief option for borrowers experiencing financial hardship, such as loss of income due to illness. A modification typically changes the loan’s rate, term ...

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 ...

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

For example, according to research from Freddie Mac, borrowers who approached different lenders and got two or more quotes ...

A question we’ve received from clients with increased frequency is whether they can forgo recording their loan modification agreement in certain circumstances or jurisdictions without jeopardizing ...

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 ...

The Obama administration wants to spend up to $100 billion on efforts to help homeowners, especially those facing foreclosure. But one of the leading ideas on how to do that — rewriting home loans to ...

This article was originally on a blog post platform and may be missing photos, graphics or links. See About archive blog posts. Citigroup, which owns about 1.5 million mortgages nationwide with a ...

Black homeownership has declined in the city and nationally in the last 20 years, hindered by gentrification and inequitable lending policies. By Stefanos Chen Relief came late, then slowly, and ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. What types of mortgage loans a lender offers is an important question to ...