Loan modifications are changes made to the terms of an existing loan outside the specifications contained in the original loan agreement. In a mortgage situation, loan modifications are typically ...

Petroff Amshen LLP emphasizes the need for homeowners to stay proactive and informed in 2025 as economic shifts and ...

If you qualify and can handle the new terms that come with mortgage modification, you can avoid foreclosure on your home. Ideally, mortgage loan modification allows you to keep your home and get ...

A class action is a type of legal action where a representative individual or group of individuals can bring a claim on behalf of a larger group or class who share a common legal interest.

Loan modifications surged to $35.5 billion amid rising defaults. Long-standing predictions that many CRE loans would ...

If you're struggling to make your monthly mortgage payments due to financial hardship, a loan modification could provide much-needed relief. A mortgage loan modification is a permanent change to ...

What comes after troubled loans reach their new maturity dates could provide a telling look at how the U.S. office market is ...

Alternatives to foreclosure filings include loan modifications, refinancings, forbearance agreements, or government assistance programs. When a mortgage loan is issued, the borrower who bought the ...

We looked at both loan counts as well as loan balances in our study. SEE ALSO: Douglas Emmett Acquires L.A. Office Tower in Lieu of Foreclosure Our analysis reveals steep growth in modifications over ...

However, it's important to be aware that prepaying your loan might incur foreclosure charges. Let’s dive deeper into what foreclosure entails. Personal loan foreclosure is the process ...