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 ...

Discover how loan modification can help you avoid foreclosure, understand government programs available, and learn the steps to apply effectively.

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 ...

With mortgage interest rates falling, homeowners are hunting for ways to cut their monthly payments. Refinancing remains ...

Her persistence has paid off. A loan modification has come through -- after a certified mortgage counselor associated with the Virginia Foreclosure Prevention Task Force recently intervened on their ...

I have been inundated with letters from borrowers who, for any number of reasons, can no longer afford their mortgage payment, although they could afford a lower payment. They want help getting their ...

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 ...

Con artists have been taking advantage of people who are in danger of losing their homes to foreclosure. Federal and state officials are trying to crack down on the bogus loan modification firms. They ...

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, ...

The collapse of the housing market has spawned a whole new industry — companies that say they can help troubled homeowners negotiate modifications to their mortgages. But officials in several states ...

(Reuters) - A lawsuit accusing Bank of America Corp of reneging on promises to help distressed homeowners modify their mortgage loans, and instead driving them into foreclosure, cannot proceed as a ...