New Loan Modifications application gives private lenders a faster, compliant way to adjust loan terms as borrower ...
Your mortgage will likely be sold to a new servicer, but all terms and conditions will remain the same. You’ll receive a ...
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 ...
Q: I purchased my home back in 2004 and got a mortgage with a lender that has since been purchased by one of the huge banks. I made all of my payments owed to the original lender and then also made ...
The Obama administration today announced a renewed push to get mortgage companies to convert hundreds of thousands of temporarily restructured home loans into permanent ones by the end of the year to ...
Question: I have applied for a loan modification, but I'm in the waiting period. However, since mortgage servicers receive $1,000 for every loan modification request they put in, does it really make ...
In the current economic climate, created in large part by the Covid-19 virus, many borrowers are facing economic, logistical and institutional challenges and approaching their lenders with loan ...
There is mounting evidence that mortgage servicing companies participating in the Home Affordable Modification Program are failing to meet their obligations under the program. Borrowers and the ...