A mortgage modification can help you get better terms on your home loan if you’re struggling to make payments. The Flex Modification program is designed to help homeowners who have mortgages that are ...

The Obama administration released the first official stats on its $75 billion mortgage modification program this morning. According to the report, 235,250 home loans, or about nine percent of ...

There can be no denying the fact that the government is not in favor of forcing homeowners out of their homes, even when they are in default and facing foreclosure. Legislative bodies around the ...

On March 1, the Federal Housing Finance Agency extended the Home Affordable Refinance Program (HARP) to June 10, 2011. HARP is a component of the federal government’s Making Home Affordable Program.

Fannie Mae and Freddie Mac on Wednesday announced an update to one of their loss-mitigation solutions known as Flex Modification. The government-sponsored enterprises (GSEs) are now targeting a 20% ...

Just how effective is the Obama Administration’s effort to help homeowners stave off foreclosure? It’s hard to know, in part because detailed data that could provide part of the answer is not ...

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 ...

Loan modifications through the HOPE NOW program increased dramatically in July, soaring 43 percent from the number of completed modifications in June. HOPE NOW, the voluntary, private sector alliance ...

Critics of the Obama administration's mortgage modification programs told a congressional subcommittee this week that the government programs designed to tackle foreclosure crisis are failing.