Search results
Mortgage loan modification: What it is and how to get one
Bankrate via AOL· 1 month agoKey takeaways Loan modifications are a long-term mortgage relief option for borrowers experiencing...
Loan modification vs. refinance: Which option is best for you?
Bankrate via AOL· 1 month agoKey takeaways If you're seeking more affordable mortgage payments, a loan modification or refinance...
How to stop foreclosure
Bankrate via AOL· 4 months agoKey takeaways Foreclosure occurs when a homeowner stops paying their mortgage for an extended period — typically 120 days following the first missed...
What is ‘Zombie Debt?' Why homeowners are facing foreclosure on old mortgages
USA TODAY via Yahoo Finance· 1 year agoRose Prophete thought the second mortgage loan on her Brooklyn borough of New York City home was...
Missing mortgage payments: What happens, and how many can I miss before foreclosure?
Bankrate via AOL· 3 months agoPortions of this article were drafted using an in-house natural language generation platform. The...
How does payment deferral work for personal loans?
Bankrate via AOL· 3 months agoKey takeaways Deferment can temporarily pause your loan payments while keeping your accounts current. Lenders usually ask for proof of financial hardship...
Preforeclosure: What it is and how it works
Bankrate via AOL· 5 months agoKey takeaways Preforeclosure begins when a homeowner has missed several monthly mortgage payments (often three consecutive payments in a row)....
VA unveils new program to buy defaulted mortgages
HousingWire via Yahoo Finance· 1 month agoThe U.S. Department of Veteran Affairs (V.A.) announced on Wednesday morning a program to purchase defaulted V.A. loans from mortgage services and place...
What is an acceleration clause? And what triggers it?
Bankrate via Yahoo Finance· 2 months agoKey takeaways Acceleration clauses, a common feature in mortgage contracts, require that you pay off...
Behind on mortgage payments? Here's how to apply for state assistance for MO homeowners
Springfield News-Leader via Yahoo Finance· 2 weeks agoIf you're still struggling to make mortgage payments in the wake of the COVID-19 pandemic, you're not alone. The good news is, you may qualify for state assistance through Missouri's State Assistance ...