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

Consider a loan modification a lifeline for homeowners in trouble. If you've been hit with financial hardships that hamper your ability to pay the mortgage, there are options other than foreclosure or ...

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 ...

Bank of America has announced that it has completed nearly 21,000 mortgage modifications under the federal government's Home Affordable Modification Program (HAMP), according to the bank's latest ...

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 ...

WASHINGTON (Reuters) - A U.S. program aimed at helping struggling homeowners avoid foreclosure has been oversold by the Treasury Department and is likely to be a failure when it wraps up in 2012, a ...

Bank of America has increased its industry-leading total of completed Home Affordable Modification Program (HAMP) modifications to more than 76,300 through July. In addition, nearly 100,000 Bank of ...

Evidence continues to mount against President Obama’s Home Affordable Modification Program. The ranking member of the House Committee on Oversight and Government Reform, Rep. Daryl Issa, R-Calif., ...

For homeowners who are struggling with mortgage payments, a valuable opportunity to avoid losing their homes will soon go away. Dec. 31, Making Home Affordable (MHA) will end. MHA, the foreclosure ...