enow.com Web Search

Search results

  1. Results from the WOW.Com Content Network
  2. Mortgage loan modification: What it is and how to get one - AOL

    www.aol.com/finance/mortgage-loan-modification...

    USDA loan modification: With a USDA loan, you can modify your mortgage with an extended term of up to 40 years, reduce the interest rate and receive a “mortgage recovery advance,” a one-time ...

  3. Loan modification in the United States - Wikipedia

    en.wikipedia.org/wiki/Loan_modification_in_the...

    Loan modification is the systematic alteration of mortgage loan agreements that help those having problems making the payments by reducing interest rates, monthly payments or principal balances. Lending institutions could make one or more of these changes to relieve financial pressure on borrowers to prevent the condition of foreclosure.

  4. Loan modification vs. refinance: Which option is best for you?

    www.aol.com/finance/loan-modification-vs...

    A loan modification, on the other hand, is a loss mitigation option you might need to do if you are struggling to make mortgage payments. Without a loan modification, you risk going into default ...

  5. Flex Modification Program (FMP): Everything you need to know

    www.aol.com/finance/flex-modification-program...

    The Flex Modification program is a conventional loan modification program designed to help homeowners who are experiencing long-term or permanent financial hardship. Using this program can help ...

  6. Loan modification company - Wikipedia

    en.wikipedia.org/wiki/Loan_modification_company

    A loan modification company, also known as a mortgage modification company, is a business that helps homeowners in the United States modify the terms of their home loans or mortgages. When a mortgage is modified, the original terms of the home loan contract between a lender and a borrower are renegotiated and then altered, usually in the favor ...

  7. What is loss mitigation? - AOL

    www.aol.com/finance/loss-mitigation-131710263.html

    Loan modification Loan servicers are willing to explore loss mitigation, meaning they want to keep you in the house and get what you owe from them. (This is cheaper and easier for them than ...

  8. Helping Families Save Their Homes Act of 2009 - Wikipedia

    en.wikipedia.org/wiki/Helping_Families_Save...

    Authorize the Secretary of Housing and Urban Development to pay out all or some of the balance owed on any Federal Housing Administration-insured loans that are modified under the legislation. Expand the HOPE for Homeowners program; Provide a legal safe harbor from liability for lenders that enter into loan modifications or workouts with borrowers.

  9. How to stop foreclosure - AOL

    www.aol.com/finance/stop-foreclosure-220538027.html

    You could be eligible for a mortgage repayment plan or loan modification to help avoid foreclosure. A lost job or an unexpected major medical bill can leave you facing a homeowner’s worst ...