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 ...

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 ...

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

Adjustments to the home retention program will take effect in December The Federal Housing Finance Agency (FHFA) yesterday announced that Fannie Mae and Freddie Mac will enhance their Flex ...

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 ...

Oct 12 (Reuters) - Ocwen Financial Corp , a subprime mortgage servicing company, said it completed 44.6 percent of all of the permanent mortgage modifications done by the industry under the Treasury ...

The supposed ringleader of a massive mortgage modification fraud scheme pleaded guilty earlier this week to charges that he and others conspired to defraud struggling homeowners by falsely promising ...

The Consumer Financial Protection Bureau suggests that lenders may be overzealous in repossessing cars. By Ann Carrns Black homeownership has declined in the city and nationally in the last 20 years, ...

Her persistence has paid off. A loan modification has come through -- after a certified mortgage counselor associated with the Virginia Foreclosure Prevention Task Force recently intervened on their ...