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 ...

NEW YORK, March 22 (Reuters) - Fannie Mae, the largest provider of funding for U.S. residential mortgages, is easing some requirements on income documentation for borrowers to receive loan ...

A question we’ve received from clients with increased frequency is whether they can forgo recording their loan modification agreement in certain circumstances or jurisdictions without jeopardizing ...

Although not yet adopted by any state, the Uniform Mortgage Modification Act aims to clarify and simplify the law governing mortgage modifications by creating brightline safe harbors for common ...

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 ...

The Federal Housing Administration wants to allow mortgages to extend to 40-year terms. The federal agency suggests the move would protect borrowers against default if they had lower monthly payments.

This is the third time Ginnie Mae has made changes intended to help homeowners transition from forbearance. The Government National Mortgage Association, or Ginnie Mae, said late Friday that it has ...

If you’re looking for better mortgage terms, loan modification and refinance can be viable options to improve your financial health. Financial struggles can happen to anyone, but homeowners have ...

Only about 10,000 homeowners received permanent loan modifications this fall under the Obama administration’s mortgage relief plan, harsh proof of the continuing woes for the government’s effort to ...

Time seems to fly in the mortgage banking business. Here we are, less than a week until the national conference in San Diego. Heck, here we are approaching Halloween! And I know that I am getting old ...

Simplify your mortgage journey with a trusted lender. A loan modification is a change to your original loan terms. You may request a loan modification if you can no longer afford your monthly payments ...