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 ...

A mortgage loan modification can offer an opportunity for borrowers to get their monthly payment on their mortgage reduced to an amount they can afford. A mortgage loan modification may extend the ...

If you’re looking for better mortgage terms, loan modification and refinance can be viable options to improve your financial health. Financial struggles can happen to anyone, but homeowners have ...

A loan modification is often billed as a lifeline for homeowners in trouble. But if you ask Johnnie Jefferson, an 85-year-old resident of Richmond, TX, she’d tell you that a loan modification has ...

Loan modifications have been jumping according to data from CRED iQ and are on track to expand beyond the record in 2023. As of the end of May 2024, about $22 billion in loans received modifications ...

Despite decrease in loan modifications, more borrowers opt for permanent payment reductions. Capital markets fintech company dv01 analyzed Non-Qualified Mortgage loan modifications, and found a ...

With higher rates and a challenging lending environment, more and more borrowers are seeking to modify their loans. CRED iQ analyzed all modifications that occurred in 2023 within the securitized ...

Loan modifications and short-term loan extensions have been popular tactics among borrowers and lenders on loans backing properties facing vacancy and value declines since the pandemic. A staggering ...

More than $5.6B in loans associated with commercial mortgage-backed securities have been extended so far this year, according to a report by Trepp. Loans tied to offices make up about 73% of the ...