Servicers face tough decisions on when to record loan modifications as defaults increase, state laws vary, and the Uniform ...
A loan modification is often billed as a lifeline for homeowners in trouble. But if you ask Johnnie Jefferson, an 85-year-old resident of Richmond, TX, she’d tell you that a loan modification has ...
Loan modifications are a long-term mortgage relief option for borrowers experiencing financial hardship, such as loss of income due to illness. A modification typically changes the loan’s rate, term ...
DALLAS--(BUSINESS WIRE)--Sonida Senior Living, Inc. (the “Company,” “Sonida,”) (NYSE: SNDA), a leading owner-operator of communities and services for seniors, announced the execution of its loan ...
With the five-year anniversary of the federal government’s Home Affordable Modification Program coming up, homeowners who received loan modifications through the program should expect to face a ...
CHARLOTTE, N.C., Sept. 29, 2025 (SEND2PRESS NEWSWIRE) — Stavvy, a leading digital mortgage platform, today announced that PHH Mortgage Corporation, a subsidiary of Onity Group Inc. (NYSE: ONTY), has ...
In their Financing column, Jeffrey B. Steiner and Jason R. Goldstein of DLA Piper, explore effective methods for obtaining the requisite guarantor consents. Even well-drafted loan documents papering ...
To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min A loan modification agreement ...
Loan modifications and short-term loan extensions have been popular tactics among borrowers and lenders on loans backing properties facing vacancy and value declines since the pandemic. Sticker shock ...