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 ...

If you’re seeking more affordable mortgage payments, a loan modification or a refinance could both help. Loan modifications are for homeowners experiencing financial hardship who are unable to make ...

Your lender might just play ball.

The worst thing you can do after missing a payment is go silent. “Borrowers who call early almost always have more options,” ...

CRED iQ’s research team has been closely monitoring loan modifications during this period of significantly elevated interest rates. As expected, loan modifications surged in 2023 as borrowers worked ...

I applied for a modification of my home loan due to the uncertainty of my job. It’s a regular 30-year mortgage with a rate of 5.25%. I owe $370,000 on it. I found out last year, after talking to a few ...

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 ...

Your mortgage will likely be sold to a new servicer, but all terms and conditions will remain the same. You’ll receive a ...

KBRA is monitoring One New York Plaza Trust 2020-1NYP, a CMBS single-asset single-borrower transaction, due to the transfer of the underlying loan to the special servicer on December 18, 2025 for ...

This article was originally on a blog post platform and may be missing photos, graphics or links. See About archive blog posts. Citigroup, which owns about 1.5 million mortgages nationwide with a ...