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 Flex Modification program helps homeowners experiencing financial hardship, allowing them to avoid foreclosure. The program can reduce payments by up to 20 percent and extend loan terms. The Flex ...

A mortgage modification is when your lender, upon request, changes the terms of your home loan to make monthly payments more affordable.

The Flex Modification program applies those same measures, but it allows lenders to alsoconsider how many days delinquent borrowers are and the value of their home.

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 ...

If you've lost work because of the coronavirus outbreak and fall behind on loan payments, loan modification could help you avoid default. Loan modifications are most common for secured loans, such as ...