To get a lower mortgage payment, you’ll likely need to focus on modifying the principal, interest, taxes or insurance you pay. You might choose to refinance or recast your mortgage to make the monthly ...

The Federal Housing Finance Agency (FHFA) yesterday announced that Fannie Mae and Freddie Mac will enhance their Flex Modification policies to allow more borrowers facing longer-term hardships to ...

Donaldson's mortgage company gave her a deadline to accept a loan modification. Her interest rate would rise from 3.25% to 6.75%, pushing her monthly payments up by nearly $500 a month, on a ...

In a recent editorial published by HousingWire, former HUD deputy secretary and FHA commissioner Brian Montgomery mentioned the department’s reverse mortgage programs as issues that Turner will ...

How to apply for a loan modification The first step is to contact your mortgage servicer (the company you make monthly payments to), and specifically inquire about their loan modification programs.

Mortgage modification is not a new concept, but it received renewed attention following the 2008 financial crisis. The Treasury Department established the Troubled Asset Relief Program (TARP) to ...

As the only link between borrowers and lenders, they're in the best position to rework the terms of loans under the government's $50 billion mortgage-modification program. The servicers are paid ...

The largest U.S. consumer bank converted accounts of 16,000 customers into permanent mortgage modifications during May through the U.S. government's Home Affordable Modification Program, or HAMP.

JPMorgan Chase & Co <JPM.N> has approved 138,000 trial mortgage modifications since early April, when it started modifying certain loans under a U.S. government program, the bank said on ...

Government Eyes Rescue Plan For Mortgage Crisis March 9, 201012:00 PM ET Heard on Tell Me More ... 5-Minute Listen Playlist ...