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 ...

Consider a loan modification a lifeline for homeowners in trouble. If you've been hit with financial hardships that hamper your ability to pay the mortgage, there are options other than foreclosure or ...

Loss mitigation is a collaborative process between borrowers and mortgage servicers to prevent foreclosure. It involves various strategies to help homeowners manage their mortgage payments and avoid ...

In the post-pandemic era, mortgage rates hit their highest level in years as the Federal Reserve raised the benchmark interest rate to fight inflation. Compare your top mortgage loan rates now. "As ...

If you’re seeking more affordable mortgage payments, a loan modification or a refinance could both help. Loan modifications ...

The Home Affordable Modification Program (HAMP) was designed to help homeowners who were struggling financially avoid losing their homes. It did this by modifying some aspects of the original mortgage ...

Although not yet adopted by any state, the Uniform Mortgage Modification Act aims to clarify and simplify the law governing mortgage modifications by creating brightline safe harbors for common ...