If you've lost work because of the coronavirus outbreak and fall behind on loan payments, loan modification could help you avoid default. Loan modifications are most common for secured loans, such ...

This year, I received a 1099-C from my lender telling me that I have to declare an extra $25,000 in income due to the loan modification. My house is only now worth about $78,000 and I owe almost ...

Applying for a Mortgage Loan Modification . A mortgage loan modification application will require the details of a borrower's financial information, the mortgage information, and the specifics of ...

Homeowners Find Loan Modification Slow Going The Obama administration has begun doling out the first chunk of $75 billion to several banks nationwide to help struggling homeowners stay in their homes.

Treasury officials said that starting June 1, borrowers will be able to submit a streamlined package of documents, including two pay stubs, to qualify for the Obama administration Making Home Affor… ...

The legislature amended Section 2923.6(c) so that, after the borrower submits a loan modification application, the lenders may not conduct a trustee’s sale until “[t]he mortgage servicer makes ...

It's not all about the money. The big mortgage settlement announced Thursday addresses long-standing abuses in the way lenders have treated distressed homeowners.

Now I (sort of) understand why so many homeowners are in loan modification hell. This Dante's Housing Crisis Inferno has been fanned by the introduction of a simple calculation: the NPV.

SALT LAKE CITY -- In March 2009, the federal government introduced the Making Home Affordable program. Its purpose is to help struggling homeowners stay in their homes by making their payments ...