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 are ...

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 percent ...

Adjustments to the home retention program will take effect in December The Federal Housing Finance Agency (FHFA) yesterday announced that Fannie Mae and Freddie Mac will enhance their Flex ...

Both Freddie Mac and Fannie Mae will be rolling out a new foreclosure prevention programs next year to replace the expiring Home Affordable Mortgage Program (HAMP). The program, which both GSEs are ...

This article was first published on NerdWallet.com. If you’re struggling to make your monthly mortgage payment, Fannie Mae and Freddie Mac have a new loan modification program so your home stays out ...

(Update 1: A previous version of this article stated the Flex Modification foreclosure prevention program replaced HARP. The article is now updated to say it replaced HAMP only) Fannie Mae and Freddie ...

Prior to the 2007 crisis, custom mortgage loan modifications were offered in certain cases, but they were left to the discretion of the loan servicer. Some have characterized this period as the “Wild ...

If you’re struggling to make your monthly mortgage payment, Fannie Mae and Freddie Mac have a new loan modification program so your home stays out of foreclosure — and you stay put. The program, ...

Government-sponsored enterprises, Fannie Mae FNMA and Freddie Mac FMCC, recently announced the new Flex Modification foreclosure prevention program, which was developed at the direction of the Federal ...

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