Loan modifications and short-term loan extensions have been popular ... to sustain the transition of real estate markets to ...

Loan modifications surged to $35.5 billion amid rising defaults. Long-standing predictions that many CRE loans would ...

"Homeowners are still obligated to pay their mortgage unless they receive specific relief from their lender. Mortgage ...

To get a lower mortgage payment, you’ll need to focus on modifying the principal, interest, taxes or insurance you pay. You ...

For example, a Freddie Mac Flex Modification, targets a 20% payment reduction by extending the mortgage term to 40 years, reducing the interest rate (if applicable) and creating a forborne balance ...

An acceleration clause is a provision in a mortgage that allows the lender to require the full repayment of the loan early.

The recent disastrous wildfires in Southern California are an extreme example of the challenges homeowners face after their ...

For example, she explained ... you might work out a loan modification with the servicer, which would potentially lower your monthly payments going forward, extend the term of the loan and spread ...

California homeowners affected by recent wildfires can take advantage of mortgage forbearance, allowing them to temporarily pause or reduce their payments. However, they may face significant increases ...

Every loan application requires borrowers to provide a substantial amount of information about the business and its owners.