All about Loan Modification

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This week, the Obama administration released the details of how its expanded refinance and mortgage modification programs will work. I’ve combed through the details. And the view I shared with you two weeks ago in my Money and Markets column remains the same: There’s some good, some bad — and one glaring flaw … We’re [...]

Thousands of homeowners are turning to loan modification as a way to overcome mortgage difficulties brought on by the troubled housing market. It’s a great option and if you think you may be in trouble, it’s something you should strongly consider. Getting a loan modification, though, is no easy task. Use a loss mitigation company [...]

Are you wondering if you might be a candidate for loan modification? Many homeowners – and by many, we mean thousands if not millions – are finding that a loan modification is the right solution for a failing mortgage. How do you know if you should pursue a loan modification? Been trying to refinance but [...]