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'Loan Modification' articles

Mortgage borrowers flock to housing conventions for payment help

January 10th, 2012

Homeowners are lining up in droves to get help with troubled mortgage loans. Hundreds of people recently attended an event in Atlanta, Ga., sponsored by the...  Read More

Online mortgage relief scams shut down

November 22nd, 2011

A Special Inspector General for the U.S. government has shut down alleged mortgage relief scam programs that target financially distressed homeowners by promising mortgage payment relief in exchange for upfront payment....  Read More

Seniors with no income or bad credit: Try a reverse mortgage

November 07th, 2011

Folks 62 and over may be caught in a pinch between insufficient income and rising costs. These can cause credit problems, making borrowing even tougher. Seniors with enough home equity to qualify for a reverse mortgage may have a way out....  Read More

To mod or not to mod: that is the question

January 12th, 2011
By now three to four million homeowners were to be assisted by the government's Home Affordable Modification Program, or HAMP. But as of now, only a few hundred thousand homeowners...  Read More

3 tips for buying a short sale

December 21st, 2010
In many housing markets across the country a significant number of the homes for sale are "short-sales." In the short-sale scenario the current owner of the home is not making...  Read More

Foreclosures: latest crisis impacting you?

October 19th, 2010
In the past two weeks the housing markets across the country have changed dramatically. Recent discovery of serious flaws in the foreclosure process of major lenders has halted foreclosures across...  Read More

Mortgage rates: stocks and bonds and rates, oh my!

October 13th, 2010
You are considering a new home loan or refinance mortgage and it seems the mortgages rates are changing every day. Why? What causes mortgage rates to go up and down?...  Read More

Historically low rates get historically lower

October 08th, 2010
Following news from the Department of Labor, investors drove mortgage rates to all-time lows this morning. Federal Reserve re-entry into the securities markets is a strong possibility and anyone looking...  Read More