What is a mortgage loan modification, and how do you get one?

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

FDIC implements loan modification program for distressed IndyMac mortgage loans

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 ...

This under-the-radar mortgage hack is saving some Americans thousands of dollars per year. Here's what you need to know before talking to your lender

Your lender might just play ball.
HousingWire

With increased defaults, when is it prudent for servicers to record loan modifications?

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 ...
Arizona Daily Star

Those getting loan modifications hit with unexpected - lower credit score

WASHINGTON - Some homeowners who sign up for the government's mortgage assistance program are getting a surprise: Lower credit scores. For borrowers who are making their payments on time but are on ...

Home Modifications: Enhance Accessibility and Independence

Discover how home modifications improve accessibility, safety, and independence for individuals with physical limitations for a more livable home environment.