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Mortgage loan modification: What it is and how to get one
Bankrate via Yahoo Finance· 3 days ago“A common modification is taking the amortization of the loan from 30 years to 40 years, which would...
FHA and VA Announce New Loss Mitigation Options | JD Supra
JD Supra· 3 days agoBoth the FHA and VA have established new loss mitigation options to provide payment reduction to delinquent borrowers. On February 21, 2024, the Federal Housing Administration ...
Today’s Mortgage Rates for April 18, 2024: Rates Up
Market Watch· 1 day agoFor more details on how we compile daily mortgage data, check out our methodology here. Mortgage rates have inched higher since recent economic reports on employment and inflation came in stronger than expected.
Can't make your mortgage? Here are some options
CNBC· 5 days agoReach out to your mortgage servicer and discuss what options are available. You might also want to connect with a housing counselor approved by the...
Higher Interest Rates Have Done Their Work. Start the Cuts.
Barrons.com· 23 hours agoAs a result, tighter credit conditions and a deterioration in credit flows have caused outright...
SL Green completes $2.1 billion debt restructuring By Investing.com
Investing.com· 2 days agoThis move is part of the company's broader strategy to refinance, modify, or extend at least $5.0...
Mortgage volumes remain under pressure at Wells Fargo, JPMorgan - HousingWire
HousingWire· 7 days agoWells Fargo and JPMorgan Chase usually open the quarterly earnings seasons in the mortgage space, giving analysts something to chew on before nonbanks release their financial ...
Frequently Asked Questions: Paycheck Protection Program Loan Forgiveness
The National Law Review· 2 days agoOn May 15, 2020, the Small Business Administration (SBA) and the U.S. Treasury Department released their much anticipated Loan Forgiveness Application and corresponding instructions (Forgiveness ...
Overview of the CARES Act's Paycheck Protection Loan Program
The National Law Review· 3 days agoAmong the provisions of the CARES Act is the Paycheck Protection Loan Program (“PPP”), a new $349 billion forgivable business loan program under the Small Business Administration’s (“SBA”) existing ...
Additional Guidance Issued on PPP Loan Forgiveness, Loan Review Procedures
The National Law Review· 3 days agoThe rule does not provide a time frame within which a business must submit the loan forgiveness application. The rule does clarify that a lender has 60 days following the date of submission ...
