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 ...

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 ...

Explore mortgage help for retirees today. When living on a fixed income, keeping up with your mortgage payments can be a ...

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 ...

I applied for a modification of my home loan due to the uncertainty of my job. It’s a regular 30-year mortgage with a rate of 5.25%. I owe $370,000 on it. I found out last year, after talking to a few ...

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

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 ...

If you’re struggling to make your monthly mortgage payment, Fannie Mae and Freddie Mac have a new loan modification program so your home stays out of foreclosure — and you stay put. The program, ...