MSNBC is reporting that banks are not living up to their part of the deal when modifying loans for consumers. The article highlights the plight of William and Esperanza Casco, who were making enough ...

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 ...

Only about one-third of the nearly 1.4 million homeowners accepted into the government's payment reduction program have had their reductions made permanent.

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 ...

If you’re struggling to make your monthly mortgage payments or have fallen behind, you may be at risk of losing your home. But depending on the circumstances, you may be eligible for a loan ...