A loan modification is often billed as a lifeline for homeowners in trouble. But if you ask Johnnie Jefferson, an 85-year-old resident of Richmond, TX, she’d tell you that a loan modification has ...

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 ...

Whether you need a loan modification or refinance depends on your financial situation. If you’re in financial distress or in imminent danger of foreclosure, your existing lender may offer a loan ...

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 ...

Despite pressure on banks to work with struggling borrowers affected by the mortgage crisis, many homeowners still complain about delays, runarounds and lost paperwork as they try to modify their ...

Some of the examples of potential problems cited by the agency include pitches by scammers seeking payment of high fees upfront to receive services; guarantees that consumers will receive loan ...

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

The Obama Administration is gearing up to play hardball with mortgage companies that only temporarily lower struggling homeowners’ monthly payments. But as the drive to make more loan modifications ...

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 ...

SALEM, Ore. - New laws passed by Oregon's state legislature may help ease the risk homeowners face when they use loan modification companies. The laws passed Jun 26, 2009. Many became effective ...

One thing I've learned about many loan modification companies is that they will take your credit score, and crush it. Some will tell their customers to stop paying their mortgage. The thought is a ...

CORONA, CALIFORNIA, USA, August 7, 2023/EINPresswire.com/ -- Larry and Veronica Smitherman, residents of 3541 Vanderbilt Cir, Corona, CA 92881, have achieved a ...