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

For example, according to research from Freddie Mac, borrowers who approached different lenders and got two or more quotes ...

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 ...

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 ...

If you’re seeking more affordable mortgage payments, a loan modification or a refinance could both help. Loan modifications are for homeowners experiencing financial hardship who are unable to make ...

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 ...

Curtailment means to cut short. In the case of mortgage curtailment, it most commonly means you cut short your mortgage terms by paying off the mortgage in full. However, that's not always the case.