If you’re looking for better mortgage terms, loan modification and refinance can be viable options to improve your financial health. Financial struggles can happen to anyone, but homeowners have ...
For example, according to research from Freddie Mac, borrowers who approached different lenders and got two or more quotes ...
Discover the benefits and drawbacks of loan modification programs, eligibility requirements, and alternatives for struggling ...
If you bought a home in the US in the past few years, a period when mortgage rates surged to their highest levels in more than two decades, you probably had a plan: “Date the mortgage rate and marry ...
Loan modifications and short-term loan extensions have been popular tactics among borrowers and lenders on loans backing properties facing vacancy and value declines since the pandemic. A staggering ...
Mortgage Research Center. Rates averaged 5.24% for a 15-year financed mortgage and 6.04% for a 20-year financed mortgage.  ...
A new study has found that consumers who received mortgage modifications outperformed those who did not on new consumer loans they opened after their initial mortgage delinquency. The study, conducted ...
This week, our CRED iQ research team explored trends in workouts and resolutions for commercial real estate securitized loans so far in 2024. This analysis included the workout strategies across ...
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% ...
Mortgage modifications surged in the first quarter at the nation's largest banks, reversing a yearlong decline, while foreclosure activity also saw a marked uptick, according to a new government ...
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 ...