A loan modification is often billed as a lifeline for homeowners in trouble. But if you ask Johnnie Jefferson, an 85-year-old resident of Richmond, TX, she’d tell you that a loan modification has ...

Consider a loan modification a lifeline for homeowners in trouble. If you've been hit with financial hardships that hamper your ability to pay the mortgage, there are options other than foreclosure or ...

Loss mitigation is a process that helps borrowers avoid foreclosure through options like modification or forbearance.

Certain mortgage payment-lowering options may bring financial relief this fall. Here's what owners need to know.

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 ...

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 ...

Changing the terms of your mortgage could lower your interest rate, reduce your monthly payment, or give you more time to repay the loan. Mortgage modification and mortgage refinancing can both ...

Despite pressure on banks to work with struggling borrowers affected by the mortgage crisis, many homeowners still complain about delays, runarounds and lost paperwork as they try to modify their ...

I believe some of the biggest problems with short sales today fall into the hands of the agent processing the file. Submitting a complete package initially is key. All documents need to be current!

U.S. Trustee Program secures $1.1M in penalties against 12 defendants for defrauding homeowners in foreclosure with false ...

The Obama Administration is gearing up to play hardball with mortgage companies that only temporarily lower struggling homeowners’ monthly payments. But as the drive to make more loan modifications ...

SALEM, Ore. - New laws passed by Oregon's state legislature may help ease the risk homeowners face when they use loan modification companies. The laws passed Jun 26, 2009. Many became effective ...