A loan modification is a change in the terms of a loan, usually the interest rate, payment or term; making the payment more affordable for you. There are steps you need to take before applying for a ...

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

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 ...

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 ...

SAN FRANCISCO (CN) - The National Mortgage Help Center and its unscrupulous owner scammed homeowners by advertising loan modification assistance, then charging to refer them to predatory lenders, the ...

Even the owner of a successful business can encounter an occasional financial setback and cash-flow problems, which prevent them from making the scheduled payments on their commercial property loan.

Some of the examples of potential problems cited by the agency include pitches by scammers seeking payment of high fees upfront to receive services; guarantees that consumers will receive loan ...

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 ...

The Federal Housing Administration (FHA) is working to expand the COVID-19 loss mitigation program to include the option of a 40-year loan modification with a partial claim, an acknowledgement that ...

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 ...

PHOENIX (Legal Newsline) – Arizona Attorney General Tom Horne announced Wednesday he obtained $470,000 as part of agreements with the owner of a loan modification company to resolve allegations of ...