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

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 ...

For example, according to research from Freddie Mac, borrowers who approached different lenders and got two or more quotes ...

If you’re struggling to make your monthly mortgage payment, Fannie Mae and Freddie Mac have a new loan modification program so your home stays out of foreclosure — and you stay put. The program, ...

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 ...

Adjustments to the home retention program will take effect in December The Federal Housing Finance Agency (FHFA) yesterday announced that Fannie Mae and Freddie Mac will enhance their Flex ...

One thing I've learned about many loan modification companies is that they will take your credit score, and crush it. Some will tell their customers to stop paying their mortgage. The thought is a ...

A low interest rate environment coupled with the effects of the volatile rate environment in recent years has caused Americans who own homes to consider changing the terms of their mortgages. Their ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min Loan modifications and short ...

The Consumer Financial Protection Bureau suggests that lenders may be overzealous in repossessing cars. By Ann Carrns Black homeownership has declined in the city and nationally in the last 20 years, ...