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

Add Yahoo as a preferred source to see more of our stories on Google. What Is a Loan Modification? Can It Help Homeowners in Trouble? A loan modification is often billed as a lifeline for homeowners ...

Loan modification programs are initiatives designed to help borrowers who are struggling to make their mortgage payments. These programs provide an opportunity to restructure the terms of a mortgage ...

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 ...

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 ...

A common, and a venerable, question when modifying a mortgage loan — should the mortgage lender record the modification of the mortgage in the land records? Recording a mortgage serves two primary ...

Financially stressed homeowners looking to cut their mortgage payments through a loan modification, short sale or principal reduction under one of the Obama administration's programs needn't wreck ...

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 ...

With the help of Southern Arizona Legal Aid, Nido was seeking a loan modification with her servicer, Utah-based Select Portfolio Servicing. Mortgage services are not lenders, but are essentially ...

The people struggling with huge debts and financial hardships can make use of the loan modification programs intended to support such individuals. The hopes of the homeowners who struggle to avoid ...

After her husband lost his tech job in 2008, Lisa Eidner of Mahwah, N.J., asked the couple's mortgage servicer to lower their monthly payments. The company agreed to a temporary cut but sent the ...