This memorandum discusses certain tax considerations in connection with forbearances, waivers and other modifications with respect to a mortgage loan that is held by a REMIC or about to be contributed ...

MRG Document Technologies (MRG), a provider of mortgage technologies to banks, credit unions and other lenders, has announced that it now offers mortgage servicers loan modification document packages ...

You close on a loan, and you plan to make payments far into the future. But what happens if your income drops and that once-affordable loan payment is out of your budget? Loan modification could give ...

The Obama administration today announced a renewed push to get mortgage companies to convert hundreds of thousands of temporarily restructured home loans into permanent ones by the end of the year to ...

This article was originally on a blog post platform and may be missing photos, graphics or links. See About archive blog posts. The Federal Trade Commission has teamed with local and state authorities ...

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 ...

Only about 10,000 homeowners received permanent loan modifications this fall under the Obama administration’s mortgage relief plan, harsh proof of the continuing woes for the government’s effort to ...

Q: I purchased my home back in 2004 and got a mortgage with a lender that has since been purchased by one of the huge banks. I made all of my payments owed to the original lender and then also made ...

Although Naimoli successfully completed the trial period plan, Ocwen denied her the loan modification because it had failed to record her mortgage as it was obligated to do and because it had lost key ...

Lenders risk losing collateral and credit support and other adverse results if provisions in new loan documents restricting merger and sale of assets are not properly drafted following a recent change ...