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

A loan modification is a change to your original loan terms. You can request a loan modification from your mortgage lender if you can no longer afford your monthly payments, but it’s important to know ...

In their Transactional Real Estate column, Peter Fisch and Mitchell Berg discuss issues involved with modifying a loan secured by a mortgage such as obtaining an existing junior lienholder's consent, ...

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 ...

Want to get a loan modification on your mortgage? First, you have to pass the NPV test. The test is filled with secrets and uncertainties, though the grading is simple: You either pass or fail. Pass, ...

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The Treasury’s plan to rid banks of toxic assets should not upend the existing program to help responsible at-risk homeowners, argues Andrew Jakabovics. Foreclosure and for sale signs sit outside a ...

A Flex Modification can make monthly mortgage payments more affordable for homeowners with conventional loans. Some or all of the mortgage lenders featured on our site are advertising partners of ...

Loan modifications and short-term loan extensions have been popular tactics among borrowers and lenders on loans backing properties facing vacancy and value declines since the pandemic. A staggering ...

Modifying a loan can sometimes cause a loss of lien priority. It all depends on the facts underlying the modification, and even the original loan. A recent opinion by California’s Fourth Appellate ...

What Is Mortgage Loan Modification? Loan modification isn't the same as refinancing, it's a negotiation between you and your lender. Since lenders are in the business of financing real estate, not ...