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 ...
In the post-pandemic era, mortgage rates hit their highest level in years as the Federal Reserve raised the benchmark interest rate to fight inflation. Compare your top mortgage loan rates now. "As ...
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 ...
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 ...
The Department of Veterans Affairs announced a long-awaited new program on Wednesday to help thousands of veterans who were left on the verge of losing their homes after a pandemic aid effort went ...
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 ...