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QDo borrowers have any say over the type of loan modification they get? What kind of modification should they look for? AMortgage modifications are changes in the terms of a loan designed to make it ...

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 ...

ATLANTA - Let’s say you bought your present home in November of 2018, just about a year ago. You wanted a fixed-rate loan, so you selected a reputable lender, who offered a 30-year loan fixed at 4.75% ...

When you apply for a mortgage modification, one of the key components of the loan mod package is the hardship letter that explains why you're making the request. Learning the proper format and ...

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 ...

A mortgage modification can help you get better terms on your home loan if you’re struggling to make payments. The Flex Modification program is designed to help homeowners who have mortgages that are ...

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 ...

The Obama Administration is gearing up to play hardball with mortgage companies that only temporarily lower struggling homeowners’ monthly payments. But as the drive to make more loan modifications ...

There’s been a lot of talk lately about loan modifications for homeowners facing foreclosure, a discussion that reached a crescendo on Wednesday when the White House announced details of its “Making ...

The purpose of this letter is to address questions regarding whether adverse action notices under Regulation B (Equal Credit Opportunity) are required for mortgage loan modification declinations, ...

If you’re struggling to pay your mortgage, the conventional wisdom has long been to consider refinancing. Doing so has often meant a change in loan terms that can reduce monthly payments. However, ...