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LOAN MODIFICATION

A loan modification is a modification to the terms of an existing loan made by a lender in response to a borrower’s long-term inability to repay the loan. Loan modifications typically involve a reduction in the principal balance, interest rate, or an extension of the terms. In some cases, loan modification involves securing a different type of loan or any combination of the three.

Loan Modification is part of Business Exchange, suggested by Loan Modificaton Help Center. This topic contains 781 news and 164 blog items. Read updated news, blogs, and resources about Loan Modification. Find user-submitted articles and reactions on Loan Modification from like-minded professionals.

News

Recent news on this topic.

Talking Business: Shamed Into Altering a Mortgagemore

while her servicer first Wilshire Credit, and then, in early 2010, supposedly worked out a modification.

Shamed Into Altering a Mortgagemore

while her servicer first Wilshire Credit, and then, in early 2010, supposedly worked out a modification.

The Suze Orman Show - Saturday, January 29ndmore

The surprising end to home loan modification trials if they are finally denied. A Suze Intervention for a young woman...

Wells Fargo Helps Mortgage Customers Facing Payment Challengesmore

available to assist borrowers during the event. In many cases, borrowers may receive a decision on a workout, loan...

Obama steps up foreclosure fix effortsmore

of next year, the agency said. Just more than 500,000 borrowers have thus far received a permanent loan modification...

Bankruptcy may not harm spouse's creditmore

house is set to be sold at a foreclosure sale. We have been trying to get a home loan modification, but without luck.

Real Estate Finance Experts Fidelity Financial Group and Capital Mitig...more

of America's Premier Experts, in recognition of being leading experts in the residential and commercial real estate...

A Certain Lawyer For Uncertain Timesmore

t panic, nor did they waste their savings trying to settle with creditors or by hiring a fly-by-night loan modification...

Keller Rohrback L.L.P. Announces Class Action Complaint Filed Against ...more

plan. The complaint alleges, among other things, that the Defendants: engaged in bad faith as to home mortgage loan...

Liu takes on banksmore

boards of Bank of America, Citigroup, JPMorgan Chase and Wells Fargo to to launch independent examinations of their...

Mortgage modifications daunting for homeownersmore

northwestern Montana home. He tried for a year and a half to lower his mortgage payments through a loan modification,...

Fannie Tests Foreclosure-Prevention Plan in Floridamore

the six circuits. "The key is engaging people at an early enough stage in the process where a loan modification...

Senators Urge Geithner to Tackle Mortgage Process ���Forcefully���more

independent referee, whether it is a bankruptcy court or other institution, in finally addressing these foreclosure...

Big servicers will get first foreclosure deals, AG saysmore

Spokesmen at all five lenders declined comment.Attorneys general have suggested a potential accord should include...

Foreclosure Deals to Start With Big Lenders, Iowa Saysmore

since widened to include other mortgage practices, with attorneys general suggesting a potential resolution should...

Another Real Estate Messmore

balance exceeds the home���s value, the borrower is more likely to default. As for all the government loan modification...

Subprime lenders remake themselves as fixersmore

felt people needed most: help with their crushing mortgage debt. Melone re-christened his company Green Credit...

States Try to Force Mortgage Workoutsmore

70% entered mediation. Over 60% of borrowers who completed the mediation program so far have received a permanent loan...

Faces of Foreclosure: A Loan Choice Proved Costlymore

have to pay much more than that a month to start reducing her loan balance, Apollon sought a loan modification.

Wells Fargo Hosting Workshop on January 12 and 13 in Secaucus for Cust...more

will find out about their eligibility for programs that may help them keep their homes -- like a loan modification...

Faces of the Home-Foreclosure Crisismore

to pay much more than that a month to start reducing her loan balance, Ms. Apollon sought a loan modification.

Faces of Foreclosuremore

to pay much more than that a month to start reducing her loan balance, Ms. Apollon sought a loan modification.

For One Couple, Mortgage Nightmare Has a Happy Endingmore

couple���s default survival tale is uplifting, it���s hardly the norm. The terms they received on their loan...

Foreclosure expert finds herself in troublemore

she's fortunate she knows how the system works and has been able to switch from pursuing a loan modification to...

Md. is helping people avoid foreclosuremore

and make every viable effort to keep them in their homes, and the department has recently introduced additional loan...

Top Sources: Loan Modification

  • prlog.org
  • Chicago Tribune
  • Wall Street Journal Online
  • ihavenet.com
  • MarketWatch
  • CNN Money
  • Miami Herald
  • Reuters
  • CNBC
  • Philadelphia Inquirer

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Jobs in this Topic

Loan Servicing Specialist - Modifications Support Green Tree Credit Solutions | St Paul, MN
Posted: May 20
Post Closers Loan Auditors Select Family of Staffing Companies | Simi Valley, CA
Posted: Feb 23
Loan Modification Specialist (2 011897 317209) Adecco | Irvine, CA
Posted: May 15
Supervisory Loan Specialist Department of Energy | Washington, DC
Posted: May 4
Consumer Lending Product Director, Personal Loans & Lines Citigroup | New York, NY
Posted: Mar 28

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