If you're struggling to make your monthly mortgage payments due to financial hardship, a loan modification could provide much-needed relief. A mortgage loan modification is a permanent change to ...

Changing the terms of your mortgage could lower your interest rate, reduce your monthly payment, or give you more time to repay the loan. Mortgage modification and mortgage refinancing can both ...

The recent spate of these loan modifications has typically involved increases in interest rate, paydowns of principal and (of course) extensions of the maturity date, among other changes.

The lawsuit is the latest salvo against Bank of America’s disastrous handing of the Home Affordable Modification Program, or HAMP, initiated by the federal government in response to the subprime ...

Mortgage payments are likely the largest fixed expense most people have, so when you're dealing with a financial crisis, that's often the most challenging bill to keep up with. The best thing to do ...