Your financial situation may go through its ups and downs, and there could be a time when you start falling behind on your monthly mortgage payments or find yourself struggling to keep up. In this situation, a mortgage loan modification may provide you a practical...
A mortgage modification or a loan modification refers to the arrangement where a borrower requests – and gets approved – to reduce the mortgage payments. If the borrower is going through financial hardship, such as losing a job or an increase in mortgage payments, a...
