The Flex Modification program helps homeowners experiencing financial hardship to extend their loan term and reduce principal and interest payments. The program can reduce payments by up to 20 percent ...

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 ...

Fannie Mae and Freddie Mac on Wednesday announced an update to one of their loss-mitigation solutions known as Flex Modification. The government-sponsored enterprises (GSEs) are now targeting a 20% ...

Adjustments to the home retention program will take effect in December The Federal Housing Finance Agency (FHFA) yesterday announced that Fannie Mae and Freddie Mac will enhance their Flex ...

Both Freddie Mac and Fannie Mae will be rolling out a new foreclosure prevention programs next year to replace the expiring Home Affordable Mortgage Program (HAMP). The program, which both GSEs are ...

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This article was first published on NerdWallet.com. 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 ...

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, ...

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, ...

The Home Affordable Modification Program (HAMP) was designed to help homeowners who were struggling financially avoid losing their homes. It did this by modifying some aspects of the original mortgage ...