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

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

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 ...

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 ...

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

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 ...

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 ...