When lenders appeared before Congress on Sept. 17 and were less than enthusiastic about utilizing the new Federal Housing Administration (FHA) HOPE for Homeowners (H4H) program, I really thought that ...

The people struggling with huge debts and financial hardships can make use of the loan modification programs intended to support such individuals. The hopes of the homeowners who struggle to avoid ...

A loan modification and a mortgage refinance generally address the same desire: to lower the monthly payment on your home. However, the two options are intended for homeowners in very different ...

A coalition of six organizations representing mortgage companies and borrowers has sent a letter to the Federal Housing Administration (FHA), urging the extension of the current loss-mitigation ...

The U.S. Department of Housing and Urban Development (HUD) recently announced a Payment Supplement loss mitigation program for Federal Housing Administration (FHA) insured Title 2 mortgage loans, the ...

Five years of COVID-era relief for federally-insured mortgages has helped millions of American homeowners retain their properties, while artificially inflating home prices and leading to the potential ...

A mortgage loan modification can offer an opportunity for borrowers to get their monthly payment on their mortgage reduced to an amount they can afford. A mortgage loan modification may extend the ...

Borrowers with a high loan-to-value ratio mortgage received some welcome news on Thursday morning when the Federal Housing Finance Agency announced that it plans to extend the Home Affordable ...

If you’re thinking about buying a home, an FHA loan might be worth considering. FHA loans exist to help people — especially first-time homebuyers or those with past credit issues — get into ...