In 2012, Jefferson verbally agreed to a loan modification with her bank, according to the report. However, since then, the matter has escalated into a full-on legal battle with the bank.

Keep in mind, not everyone will qualify for a loan modification. Pasqualini puts the odds conservatively at 50-50—but you'll never know until you ask.

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 ...

A loan modification is a long-term financial relief option if you can’t repay your current mortgage on the original schedule. You'll need to be approved by your lender to qualify, but if ...

A loan modification, on the other hand, is a loss mitigation option if you’re struggling to make mortgage payments. Without a loan modification, you risk going into default and losing your home ...

This week, Boston-based nonprofit Neighborhood Assistance Corp. of America will host a five-day event in Houston. Counselors will be on hand to work with borrowers on loan modifications and staff ...

Not necessarily, but the purpose of a loan modification is to help a homeowner who’s going through a financial hardship, such as losing a job, a sudden death, a divorce, etc.

SALEM, Ore. - New laws passed by Oregon's state legislature may help ease the risk homeowners face when they use loan modification companies. The laws passed Jun 26, 2009. Many became effective ...

The VA says borrowers should work with their mortgage company and contact a VA loan technician if they need help. In Garcia's case, he actually never accepted that more-costly loan modification.

The Smithermans, who have owned their home since January 1998 and secured a $185,000.00 loan in April 2003, faced challenging times in May 2022 due to the Covid-19 virus shutdown and the tragic ...

If you're considering taking over a car loan or buying a car with outstanding payments, it's important to understand both the ...

For instance, Both C & R loan modification and Elect Group are located in Florida. To file a complaint with the state of Florida, call the fraud hotline at 1-866-966-7226 or download a complaint ...