A loan modification is a change in the terms of a loan, usually the interest rate, payment or term; making the payment more affordable for you. There are steps you need to take before applying for a ...
The Hope Now Alliance has launched a new website in a further attempt to work through some of the wrinkles that have plagued both the Home Affordable Mortgage Program ...
Even the owner of a successful business can encounter an occasional financial setback and cash-flow problems, which prevent them from making the scheduled payments on their commercial property loan.
CORONA, CALIFORNIA, USA, August 7, 2023/EINPresswire.com/ -- Larry and Veronica Smitherman, residents of 3541 Vanderbilt Cir, Corona, CA 92881, have achieved a ...
In the post-pandemic era, mortgage rates hit their highest level in years as the Federal Reserve raised the benchmark interest rate to fight inflation. Compare your top mortgage loan rates now. "As ...
Some of the examples of potential problems cited by the agency include pitches by scammers seeking payment of high fees upfront to receive services; guarantees that consumers will receive loan ...
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 ...
The Federal Housing Administration (FHA) is working to expand the COVID-19 loss mitigation program to include the option of a 40-year loan modification with a partial claim, an acknowledgement that ...
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, but it’s important to know what you’re getting into ...