The government has unveiled new guidelines for a program designed to address problems with a mortgage-relief plan for distressed homeowners. Revisions to the Home Affordable Modification Program (HAMP ...

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

The Home Affordable Modification Program (HAMP) was designed to help homeowners who were struggling financially avoid losing their homes. It did this by modifying some aspects of the original mortgage ...

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 ...

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 ...

Bank of America has announced that it has completed nearly 21,000 mortgage modifications under the federal government's Home Affordable Modification Program (HAMP), according to the bank's latest ...

Evidence continues to mount against President Obama’s Home Affordable Modification Program. The ranking member of the House Committee on Oversight and Government Reform, Rep. Daryl Issa, R-Calif., ...

Bank of America has increased its industry-leading total of completed Home Affordable Modification Program (HAMP) modifications to more than 76,300 through July. In addition, nearly 100,000 Bank of ...