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 ...

When a big portion of your paycheck disappears into your mortgage, it’s hard to make space for anything else. But the amount you send your lender each month isn’t as fixed as it might seem.

A loan modification is often billed as a lifeline for homeowners in trouble. But if you ask Johnnie Jefferson, an 85-year-old resident of Richmond, TX, she’d tell you that a loan modification has ...

QDo borrowers have any say over the type of loan modification they get? What kind of modification should they look for? AMortgage modifications are changes in the terms of a loan designed to make it ...

If you’re seeking more affordable mortgage payments, a loan modification or a refinance could both help. Loan modifications ...

Homeowners are still waiting for mortgage relief. Despite mounting expectations for Federal Reserve rate cuts, monthly payments remain high for millions of borrowers locked into rates near or above 7% ...

Khristopher J. Brooks is a reporter for CBS MoneyWatch. He previously worked as a reporter for the Omaha World-Herald, Newsday and the Florida Times-Union. His reporting primarily focuses on the U.S.

Despite pressure on banks to work with struggling borrowers affected by the mortgage crisis, many homeowners still complain about delays, runarounds and lost paperwork as they try to modify their ...

Regional banks are beginning to feel the squeeze of the weakened office market, even as larger institutions are facing fewer troubled loans. The average bank with $100B or less in assets modified 0.32 ...

Roughly $162B worth of securitized commercial mortgages were due to mature last year, and many lenders and investors spoke about how the patience with building owners would wear off. While patience ...

Berkshire Regional Planning Commission invites applications to the Home Modification Loan Program, a state-funded no-interest loan program to provide modifications to those in need of accessibility ...