You close on a loan, and you plan to make payments far into the future. But what happens if your income drops and that once-affordable loan payment is out of your budget? Loan modification could give ...

Recognizing the massive disruption to the U.S. economy and the American people created by COVID-19, federal banking regulators, consisting of the FDIC, the Federal Reserve Board, the Office of the ...

MRG Document Technologies (MRG), a provider of mortgage technologies to banks, credit unions and other lenders, has announced that it now offers mortgage servicers loan modification document packages ...

The last few weeks have been very rough on borrowers, particularly in the hospitality and retail industries. Although there are a lot of unknowns surrounding COVID-19 and its impact on our health and ...

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 Obama administration today announced a renewed push to get mortgage companies to convert hundreds of thousands of temporarily restructured home loans into permanent ones by the end of the year to ...

This article was originally on a blog post platform and may be missing photos, graphics or links. See About archive blog posts. The Federal Trade Commission has teamed with local and state authorities ...

What Is Mortgage Loan Modification? Loan modification isn't the same as refinancing, it's a negotiation between you and your lender. Since lenders are in the business of financing real estate, not ...

Q: I purchased my home back in 2004 and got a mortgage with a lender that has since been purchased by one of the huge banks. I made all of my payments owed to the original lender and then also made ...

Here's what the new rules say about how servicers should collect documents going forward: Supplemental Directive 09-01 gave servicers the option of placing a borrower into a trial period plan based on ...

Wolters Kluwer forms alliance with Fidelity NationalMortgagePress.comloan modification document solutions, compliance, loss mitigation Wolters Kluwer Financial Services and Fidelity National ...