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 ...

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 ...

Adjustments to the home retention program will take effect in December The Federal Housing Finance Agency (FHFA) yesterday announced that Fannie Mae and Freddie Mac will enhance their Flex ...

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 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 ...

Federal Housing Finance Agency (FHFA) director James Lockhart announced on Tuesday that the FHFA, along with Fannie Mae and Freddie Mac, would be adopting a new, streamlined approach to loan ...

Wells Fargo & Co. has become the second bank to sign up for a government program to modify second mortgages. The program is part of the Obama administration’s mortgage modification program that is ...

Non-owner occupants can also qualify for this program, if they're already delinquent and owe up to $934,200 on a 2-unit, $1,129,250 on a 3-unit or $1,403,400 on a 4-unit rental property. There are ...