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

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 ...

When lenders appeared before Congress on Sept. 17 and were less than enthusiastic about utilizing the new Federal Housing Administration (FHA) HOPE for Homeowners (H4H) program, I really thought that ...

The people struggling with huge debts and financial hardships can make use of the loan modification programs intended to support such individuals. The hopes of the homeowners who struggle to avoid ...

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 ...

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 ...

Borrowers with a high loan-to-value ratio mortgage received some welcome news on Thursday morning when the Federal Housing Finance Agency announced that it plans to extend the Home Affordable ...

Dial back the pie-in-the-sky projections. Last month, the Obama administration began a program to help homeowners with loans insured by the Federal Housing Administration. About 850,000 FHA borrowers ...

A coalition of six organizations representing mortgage companies and borrowers has sent a letter to the Federal Housing Administration (FHA), urging the extension of the current loss-mitigation ...

If you’re thinking about buying a home, an FHA loan might be worth considering. FHA loans exist to help people — especially first-time homebuyers or those with past credit issues — get into ...