The federal Home Affordable Modification Program, which is designed to guide the modification process to the benefit of the lender (not the borrower), has helped 12 percent of a potential 3 million ...
Discover the benefits and drawbacks of loan modification programs, eligibility requirements, and alternatives for struggling homeowners. Learn more today.
FDIC Chairman Sheila C. Bair has announced that IndyMac Federal Bank FSB will implement a new program to systematically modify troubled mortgages. The program is designed to achieve affordable and ...
WASHINGTON, Dec 22 (Reuters) - The U.S. Treasury Department said on Wednesday that about 30,000 homeowners facing foreclosure got permanent help in November through a loan modification program that ...