Category Archives: Stop Foreclosure
Avoid Foreclosure with Loan Modification
Home loan modification is the process where the borrower and mortgage company work together to change the terms of a mortgage contract. Technically any debt obligation can be modified with certain conditions altered but the process is most widely used with home loans. Loan modifications have recently jumped in usage because the current housing situation. [...]
Loan Modification and Mortgage Refinance
During the current recession there has been no part of the economy damaged as much as the housing market. Real estate prices in many parts of the country have dropped and a significant portion homeowners are unable to maintain monthly payments. The problem has become so widespread that many organizations are offering to support the [...]