Servicers face tough decisions on when to record loan modifications as defaults increase, state laws vary, and the Uniform ...

Paul L. Underwood is a writer and editor specializing in finance whose work has appeared in The New York Times, Esquire, Texas Monthly and more. Paul lives in Austin, Texas, with his wife, two ...

If you’re seeking more affordable mortgage payments, a loan modification or a refinance could both help. Loan modifications are for homeowners experiencing financial hardship who are unable to make ...

NEW YORK, March 22 (Reuters) - Fannie Mae, the largest provider of funding for U.S. residential mortgages, is easing some requirements on income documentation for borrowers to receive loan ...

The purpose of this letter is to address questions regarding whether adverse action notices under Regulation B (Equal Credit Opportunity) are required for mortgage loan modification declinations, ...

Buying a house is a huge undertaking. From searching for the right place to making a successful offer, a lot goes into landing your dream home. And one of these big steps is getting approved for a ...