What is a mortgage loan modification, and how do you get one?

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

FDIC implements loan modification program for distressed IndyMac mortgage loans

FDIC Chairman Sheila C. Bair has announced that IndyMac Federal Bank FSB will implement a new program to systematically modify troubled mortgages. The program is designed to achieve affordable and ...
Los Angeles Times

Citigroup joins the mortgage modification nation

This article was originally on a blog post platform and may be missing photos, graphics or links. See About archive blog posts. Citigroup, which owns about 1.5 million mortgages nationwide with a ...

This under-the-radar mortgage hack is saving some Americans thousands of dollars per year. Here's what you need to know before talking to your lender

Your lender might just play ball.
HousingWire

With increased defaults, when is it prudent for servicers to record loan modifications?

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 ...
JD Supra

Nevada Enacts the Uniform Mortgage Modification Act

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 ...