On the heels of a letter sent by the federal government to step up the mortgage loan modification process, mortgage servicers met with officials from the Obama administration and provided assurance to improve efforts to modify mortgage loans for struggling homeowners facing foreclosure. (totalmortgage.com)
As we've reported, part of the problem with the home loan modification process is that mortgage servicers have few incentive to help homeowners — or to save investors money. (businessinsider.com)
Finally, borrowers struggling to meet their mortgage payments may be able to take advantage of Fannie Mae's Home Affordable Modification Plan or PenFed's in - house loan modification process, depending on whether your loan is serviced by Fannie Mae. (valuepenguin.com)