USDA loans: With a USDA loan, you can modify your mortgage with an extended term of up to 40 years, reduce the interest rate ...

Your lender might just play ball.

If you’re looking for better mortgage terms, loan modification and refinance can be viable options to improve your financial health. Financial struggles can happen to anyone, but homeowners have ...

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 ...

Mortgage borrowers filed a third amended class action complaint against the bank over modification issues from 2010 to 2015.

I applied for a modification of my home loan due to the uncertainty of my job. It’s a regular 30-year mortgage with a rate of 5.25%. I owe $370,000 on it. I found out last year, after talking to a few ...

CRED iQ’s research team has been closely monitoring loan modifications during this period of significantly elevated interest rates. As expected, loan modifications surged in 2023 as borrowers worked ...

This article was originally on a blog post platform and may be missing photos, graphics or links. See About archive blog posts. Citigroup, which owns about 1.5 million mortgages nationwide with a ...

The Obama administration wants to spend up to $100 billion on efforts to help homeowners, especially those facing foreclosure. But one of the leading ideas on how to do that — rewriting home loans to ...

A recent Cotality report shed light on alarming data around mortgage delinquency rates. While rates declined in the past three years, that trend began reversing course in mid-2024. Cotality found that ...