Loan modification programs are initiatives designed to help borrowers who are struggling to make their mortgage payments. These programs provide an opportunity to restructure the terms of a mortgage ...

Governor Kathy Hochul has talked a lot about housing, ranging from cost to the shortage of available housing. Anyone who has ...

FDIC Chairman Sheila C. Bair has announced that IndyMac Federal Bank FSB will implement a new program to systematically modify troubled mortgages. The program is designed to achieve affordable and ...

I heard no one can get loan modifications after this year — that the programs expire. Is that true? — Bruce D., of Henderson No. It isn’t. When people talk about loan modification or foreclosure ...

The federal Home Affordable Modification Program, which is designed to guide the modification process to the benefit of the lender (not the borrower), has helped 12 percent of a potential 3 million ...