Learn about distressed borrowers, the challenges they face, and effective strategies like forbearance and loan modification ...

USDA loans: With a USDA loan, you can modify your mortgage with an extended term of up to 40 years, reduce the interest rate ...

Discover how loan participation notes (LPN) enable partial loan purchases, sharing profits and risks with banks, promoting ...

Mortgage borrowers filed a third amended class action complaint against the bank over modification issues from 2010 to 2015.

Personal loan credit insurance is an optional policy that covers your loan payments in case of specific unforeseen events like unemployment, disability or death. While the coverage can be costly, it ...

A question we’ve received from clients with increased frequency is whether they can forgo recording their loan modification agreement in certain circumstances or jurisdictions without jeopardizing ...

The State of Nevada has enacted the Uniform Mortgage Modification Act (UMMA or the Act) as Assembly Bill 192, which will become effective on October 1, 2025. The UMMA was prepared by the National ...

Of course, mortgage delinquencies can have serious consequences, including the most obvious one, foreclosure. But many homeowners also don’t realize just how damaging a single delinquency can be to ...

A recent Cotality report shed light on alarming data around mortgage delinquency rates. While rates declined in the past three years, that trend began reversing course in mid-2024. Cotality found that ...

The fear of layoffs has been strong in the past few years—and for federal workers, that fear only continues to grow. After all, an unexpected layoff is sure to cause stress and financial uncertainty ...

Many people think owning a home is always a good investment. While that’s often true, there’s a risk that you could end up with an underwater mortgage. But what is an underwater mortgage exactly? This ...