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The Flex Modification program is a conventional loan modification program designed to aid homeowners who are experiencing long-term or permanent financial hardship.
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 ...
What Does Flex Modification Do for Borrowers? Generally, mortgage modifications are intended to help homeowners avoid foreclosure and the Flex Modification program is no different.
The program, which both GSEs are calling Flex Modification, was developed at the direction of the Federal Housing Finance Agency (FHFA).
Fannie Mae and Freddie Mac on Wednesday announced an update to one of their loss-mitigation solutions known as Flex Modification.
Government-sponsored enterprises, Fannie Mae FNMA and Freddie Mac FMCC , recently announced the new Flex Modification foreclosure prevention program,.
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 ...
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