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

A mortgage loan modification can offer an opportunity for borrowers to get their monthly payment on their mortgage reduced to an amount they can afford. A mortgage loan modification may extend the ...

The Federal Housing Administration (FHA) announced this week that a final rule related to an increased 40-year loan modification term has been published in the Federal Register. The rule allows ...

A question we’ve received from clients with increased frequency is whether they can forgo recording their loan modification agreement in certain circumstances or jurisdictions without jeopardizing ...

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 ...

This is the third time Ginnie Mae has made changes intended to help homeowners transition from forbearance. The Government National Mortgage Association, or Ginnie Mae, said late Friday that it has ...

The days when published a monthly tally of the number of loan modifications made by servicers under several public and private sector programs are long gone, but modifications are still needed and ...

The Obama administration set loan-modification guidelines for its $75 billion homeowner rescue plan, agreeing to pay lenders for altering troubled mortgages while reducing borrowers’ interest rates to ...

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 Federal Housing Administration wants to allow mortgages to extend to 40-year terms. The federal agency suggests the move would protect borrowers against default if they had lower monthly payments.

NEW YORK, March 22 (Reuters) - Fannie Mae, the largest provider of funding for U.S. residential mortgages, is easing some requirements on income documentation for borrowers to receive loan ...