The Flex Modification program helps homeowners experiencing financial hardship to extend their loan term and reduce principal and interest payments. The program can reduce payments by up to 20 percent ...

Fannie Mae and Freddie Mac on Wednesday announced an update to one of their loss-mitigation solutions known as Flex Modification. The government-sponsored enterprises (GSEs) are now targeting a 20% ...

Adjustments to the home retention program will take effect in December The Federal Housing Finance Agency (FHFA) yesterday announced that Fannie Mae and Freddie Mac will enhance their Flex ...

This article was first published on NerdWallet.com. If you’re struggling to make your monthly mortgage payment, Fannie Mae and Freddie Mac have a new loan modification program so your home stays out ...

Canada's main stock index ended higher on Friday as investors globally cheered recent signs of U.S. economic resilience and record high gold prices boosted metal mining shares, with the index notching ...

Loan modification programs are initiatives designed to help borrowers who are struggling to make their mortgage payments. These programs provide an opportunity to restructure the terms of a mortgage ...

If you’re struggling to pay your mortgage, the conventional wisdom has long been to consider refinancing. Doing so has often meant a change in loan terms that can reduce monthly payments. However, ...

If you’re struggling to make your monthly mortgage payment, Fannie Mae and Freddie Mac have a new loan modification program so your home stays out of foreclosure — and you stay put. The program, ...