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

The federal Home Affordable Modification Program, which is designed to guide the modification process to the benefit of the lender (not the borrower), has helped 12 percent of a potential 3 million ...

May 30, 2024 Add as a preferred source on Google Add as a preferred source on Google If you're struggling to make your monthly mortgage payments due to financial hardship, a loan modification could ...

The Obama Administration is gearing up to play hardball with mortgage companies that only temporarily lower struggling homeowners’ monthly payments. But as the drive to make more loan modifications ...

A loan program that can help with housing costs is flying under the radar in Berkshire County. The Home Modification Loan Program is a state-funded initiative that provides up to $50,000 in financing ...

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 ...

FDIC Chairman Sheila C. Bair has announced that IndyMac Federal Bank FSB will implement a new program to systematically modify troubled mortgages. The program is designed to achieve affordable and ...

WASHINGTON (Reuters) - The Obama administration unveiled changes to its $75 billion home loan modification program on Thursday in an effort to boost the number of trial home loans that become ...

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(Reuters) - A lawsuit accusing Bank of America Corp of reneging on promises to help distressed homeowners modify their mortgage loans, and instead driving them into foreclosure, cannot proceed as a ...

Berkshire Regional Planning Commission invites applications to the Home Modification Loan Program, a state-funded no-interest loan program to provide modifications to those in need of accessibility ...