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

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 ...

NEW YORK, March 22 (Reuters) - Fannie Mae, the largest provider of funding for U.S. residential mortgages, is easing some requirements on income documentation for borrowers to receive loan ...

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 ...

If you’re seeking more affordable mortgage payments, a loan modification or a refinance could both help. Loan modifications are for homeowners experiencing financial hardship who are unable to make ...

The Federal Housing Administration (FHA) announced this week that a final rule related to an increased 40-year loan modification term has been published in the Federal Register. The rule allows ...

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 ...

Discover how home modifications improve accessibility, safety, and independence for individuals with physical limitations for ...

If you’re looking for better mortgage terms, loan modification and refinance can be viable options to improve your financial health. Financial struggles can happen to anyone, but homeowners have ...

As interest rates decline in 2024, lenders who make home loans to Texas residents are seeing an uptick in loan modification requests. Although a “mod” for a conventional loan is straightforward, there ...