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 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 ...

A loan modification is a change to your original loan terms. You can request a loan modification from your mortgage lender if you can no longer afford your monthly payments, but it’s important to know ...

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

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 ...

A recent decision by the California Court of Appeal held that the practice called “dual tracking” – when a lender forecloses on a property while the borrower’s application for a loan modification is ...

Question: I have applied for a loan modification, but I'm in the waiting period. However, since mortgage servicers receive $1,000 for every loan modification request they put in, does it really make ...

There is mounting evidence that mortgage servicing companies participating in the Home Affordable Modification Program are failing to meet their obligations under the program. Borrowers and the ...

Kiah Treece is a former attorney, small business owner and personal finance coach with extensive experience in real estate and financing. Her focus is on demystifying debt to help consumers and ...

Q: You've spent a lot of time in print and on the radio talking about loan modifications. I thought I had gotten my loan modified, only to find out last month that my “big box lender,” as you often ...