Add Yahoo as a preferred source to see more of our stories on Google. What Is a Loan Modification? Can It Help Homeowners in Trouble? A loan modification is often billed as a lifeline for homeowners ...

The real estate sector is encountering exceptional difficulties in this era of high interest rates and high—though seemingly abating—Inflation. In a distressed real estate market, owners and lenders ...

A loan modification is a long-term mortgage relief option for borrowers experiencing financial hardship, such as loss of income due to illness. A modification typically changes the loan’s rate, term ...