by Facing Foreclosure | Jul 29, 2020 | Foreclosure Defense
A loan modification is a change made to the terms of a loan or mortgage that already exists. The changes are made and determined by the lender. A loan modification is meant to help a homeowner experiencing hardship and having trouble making their mortgage payments...
by Facing Foreclosure | Jun 28, 2019 | Foreclosure Defense
Loss Mitigation is the process used by mortgage lenders to work with homeowners who are delinquent on their home loans. Through the loss mitigation process, a lender may modify the terms of a home loan, allowing the homeowner to sell the property for less than is...
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