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 ...
A mortgage loan modification is a relief option designed for borrowers experiencing long-term financial hardships that make it impossible for them to keep up with payments. The goal is to reduce your ...
HOPE NOW released its Q3 2013 data, which shows that approximately 181,000 homeowners received permanent loan modifications from mortgage servicers from July through September of this year. Of the 181 ...
A question we’ve received from clients with increased frequency is whether they can forgo recording their loan modification agreement in certain circumstances or jurisdictions without jeopardizing ...
If you want to refinance your mortgage but you're enrolled in a forbearance program, generally, you must first end the forbearance and meet certain conditions. Refinancing involves paying off ...
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