FDIC Chairman Sheila C. Bair has announced that IndyMac Federal Bank FSB will implement a new program to systematically modify troubled mortgages. The program is designed to achieve affordable and ...

A mortgage loan modification is a relief option designed for borrowers experiencing long-term financial hardships that make it impossible for them to keep up with payments. The goal is to reduce your ...

A loan modification is 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 ...

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 ...

No one wants to deal with the ramifications of defaulting on a mortgage, but these tips could help ease the pain.