Even if the loan modification program ends up with 1.5 million to 2 million homeowners with new, more-favorable terms on their loans, the program will not be a long-term success if large amounts of ...

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 ...

If you’re looking for better mortgage terms, loan modification and refinance can be viable options to improve your financial health. Financial struggles can happen to anyone, but homeowners have ...

So it appears that some Congress-critters are agitating about the utter failure that is the suite of government loan modification programs. House Republicans want to repeal the Home Affordable ...

Government-sponsored enterprises, Fannie Mae FNMA and Freddie Mac FMCC, recently announced the new Flex Modification foreclosure prevention program, which was developed at the direction of the Federal ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Did you ever want to see what a mortgage modification from the US government’s Home Affordable Modification ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. There has been a growing chorus of voices calling for measures to stem foreclosures in the United States. Just ...

Banks participating in the U.S. government’s main foreclosure prevention plan stepped up the pace of loan modifications by more than half in August. More than 360,000 modifications had been started ...

Apparently the easiest way to get a loan modification these days is to have a news reporter make a call for you. That seems to have been the case for Maria C. Nido, a friendly and humble 55-year-old ...

Help is available for residents with mobility difficulties who want to stay in their homes. Michaela Grady, a housing planner ...