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 ...

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

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 ...

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 ...

Mortgage modifications surged in the first quarter at the nation's largest banks, reversing a yearlong decline, while foreclosure activity also saw a marked uptick, according to a new government ...

Federal Housing Finance Agency (FHFA) Director Sandra Thompson recently announced its conditional approval of Freddie Mac pilot to purchase second mortgages. I’ve personally been an outspoken ...

Her persistence has paid off. A loan modification has come through -- after a certified mortgage counselor associated with the Virginia Foreclosure Prevention Task Force recently intervened on their ...

You can refinance a second mortgage on its own fairly easily. Refinancing first and second mortgages together requires you to meet certain requirements but it is possible. Refinancing your primary ...

A second mortgage unlocks home equity at a low interest rate, but it also comes with a second payment and higher qualification standards Written By Written by Contributor, Buy Side Alene Laney is a ...