The Flex Modification program helps homeowners experiencing financial hardship to extend their loan term and reduce principal and interest payments. The program can reduce payments by up to 20 ...

A mortgage modification can help you get better terms on your home loan if you're struggling to make payments. The Flex Modification program is designed to help homeowners who have mortgages that ...

The program, called Flex Modification, goes into effect Oct. 1, 2017. It will incorporate key elements from Fannie’s and Freddie’s standard and streamlined modification programs, as well as ...

The Federal Housing Finance Agency (FHFA) yesterday announced that Fannie Mae and Freddie Mac will enhance their Flex Modification policies to allow more borrowers facing longer-term hardships to ...

Fannie Mae and Freddie Mac on Wednesday announced an update to one of their loss-mitigation solutions known as Flex Modification.

Flex Modification. This program resembles HAMP. It went into effect in 2017 and is available for conventional loans owned or guaranteed by Fannie Mae and Freddie Mac. The program requires ...