Discover the benefits and drawbacks of loan modification programs, eligibility requirements, and alternatives for struggling homeowners. Learn more today.

The Obama Administration is gearing up to play hardball with mortgage companies that only temporarily lower struggling homeowners’ monthly payments. But as the drive to make more loan modifications ...

Consider a loan modification a lifeline for homeowners in trouble. If you've been hit with financial hardships that hamper your ability to pay the mortgage, there are options other than foreclosure or ...

Bank of America has announced that it has completed nearly 21,000 mortgage modifications under the federal government's Home Affordable Modification Program (HAMP), according to the bank's latest ...

WASHINGTON (Reuters) - A U.S. program aimed at helping struggling homeowners avoid foreclosure has been oversold by the Treasury Department and is likely to be a failure when it wraps up in 2012, a ...

NEW YORK (Reuters) - Fannie Mae is taking steps that may reduce the number of loans it removes from mortgage-backed securities pools, a policy change that could help the government-controlled finance ...

Evidence continues to mount against President Obama’s Home Affordable Modification Program. The ranking member of the House Committee on Oversight and Government Reform, Rep. Daryl Issa, R-Calif., ...

Bank of America has increased its industry-leading total of completed Home Affordable Modification Program (HAMP) modifications to more than 76,300 through July. In addition, nearly 100,000 Bank of ...

For homeowners who are struggling with mortgage payments, a valuable opportunity to avoid losing their homes will soon go away. Dec. 31, Making Home Affordable (MHA) will end. MHA, the foreclosure ...