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 ...

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 ...

To get a lower mortgage payment, you’ll likely need to focus on modifying the principal, interest, taxes or insurance you pay ...

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 ...

The relationship between lenders and property owners is experiencing a significant transformation. In the past, lenders were often eager to reclaim properties in a default. However, a paradigm shift ...

You can refinance a home equity and, with rates currently in decline, now might be a good time to do it. Refinancing a home ...

WASHINGTON (Reuters) - More than half a million troubled homeowners now are participating in an Obama administration program to lower their loan payments, Treasury Secretary Timothy Geithner said on ...

Though critics say it's too little, US claims mortgage modification progress. WASHINGTON, Oct. 8, 2009 -- The Obama administration Thursday announced they have already met their goal of modifying ...

A mortgage is a loan used to purchase or maintain real estate, including houses and commercial properties. A buyer repays the ...