Discover how loan modification can help you avoid foreclosure, understand government programs available, and learn the steps to apply effectively.

No one knows you are behind in your mortgage payment. No one knows because you haven’t told anyone. Your friends and relatives think everything is just fine because you haven’t said anything. But ...

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 ...

Loan modifications are a long-term mortgage relief option for borrowers experiencing financial hardship, such as loss of income due to illness. A modification typically changes the loan’s rate, term ...

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 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 people struggling with huge debts and financial hardships can make use of the loan modification programs intended to support such individuals. The hopes of the homeowners who struggle to avoid ...

The modification program Obama announced has been widely criticized for not helping enough homeowners avoid foreclosure. The program did pick up steam in the fourth quarter as the number of servicers ...

The Federal Housing Administration (FHA) this morning announced another addition to its programs designed to assist homeowners in danger of losing their homes to foreclosure. Department of Housing and ...

Federal Housing Finance Agency (FHFA) director James Lockhart announced on Tuesday that the FHFA, along with Fannie Mae and Freddie Mac, would be adopting a new, streamlined approach to loan ...

Some lenders offer assistance such as payment plans or deferments that can help consumers struggling to make their monthly car payments. Many, or all, of the products featured on this page are from ...

I heard no one can get loan modifications after this year — that the programs expire. Is that true? — Bruce D., of Henderson No. It isn’t. When people talk about loan modification or foreclosure ...