07th September 2009
Department of Housing and Urban Development Secretary Shaun Donovan proclaimed today the Federal Housing Administration has completed changes to its loan modifications initiative so that it will further tie in with President Obama's Home Affordable Modifi...
08th August 2009
American borrowers are in desperate need of loan workout to prevent what seems to be inevitable foreclosure on their homes. Sadly, most lenders are not moving rapidly enough to help families that are late or going to be late on their mortgage payments. ...
04th August 2009
What is a Mortgage Loan Modification?
A home loan modification is a process whereby the terms of the existing mortgage are modified to new terms that are more agreeable to the homeowner and lender.
What’s the basic idea behind mortgage modificatio...
17th April 2009
This article provided courtesy of Loan Modification Zoom. Please visit our website for more Loan Modification and Loss Mitigation articles as well as useful information on lender specific guidelines and the modification process.
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