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 ...

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 ...

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

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 ...

For example, according to research from Freddie Mac, borrowers who approached different lenders and got two or more quotes saved between $600 and $1200 annually compared to people who refinanced their ...

A new study has found that consumers who received mortgage modifications outperformed those who did not on new consumer loans they opened after their initial mortgage delinquency. The study, conducted ...

The Obama administration wants to spend up to $100 billion on efforts to help homeowners, especially those facing foreclosure. But one of the leading ideas on how to do that — rewriting home loans to ...

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 ...

Black homeownership has declined in the city and nationally in the last 20 years, hindered by gentrification and inequitable lending policies. By Stefanos Chen Relief came late, then slowly, and ...