Homeowners are still waiting for mortgage relief. Despite mounting expectations for Federal Reserve rate cuts, monthly payments remain high for millions of borrowers locked into rates near or above 7% ...
In the post-pandemic era, mortgage rates hit their highest level in years as the Federal Reserve raised the benchmark interest rate to fight inflation. Compare your top mortgage loan rates now. "As ...
The days of extend-and-pretend strategies, where loan terms are pushed out to delay refinancing or payoffs, are far from over, new data from CREDiQ suggests. Loan modifications for CMBS, ...
The CRED iQ research team zeroed in on loan modifications over the past three years, exploring trends and resolutions for commercial real estate securitized loans during this transformative period.
If you’re looking for better mortgage terms, loan modification and refinance can be viable options to improve your financial health. Financial struggles can happen to anyone, but homeowners have ...
Interest rates have remained stubbornly high over the past year as the Federal Reserve tried to push back against sticky inflation. While rate cuts were, at one point, expected to happen starting in ...
Although not yet adopted by any state, the Uniform Mortgage Modification Act aims to clarify and simplify the law governing mortgage modifications by creating brightline safe harbors for common ...
Owning a home comes with the significant responsibility of a monthly mortgage payment, including interest rates that can substantially increase the total cost. While paying off a mortgage early can ...
Johnnie Jefferson, an 85-year-old resident of Richmond, Texas, says she faces the heartbreaking prospect of losing the six-bedroom house she has lived in for more than 20 years after a disagreement ...