Vault’s Viewpoint on Mortgage Relief Options What is Loan Modification? A loan modification is designed for homeowners who are coping with financial hardship. It can change the conditions of ...

Mortgage modification and refinancing serve different financial needs and situations, with their own processes, benefits, and drawbacks. Eligibility for mortgage modification typically requires ...

When deciding between loan modification and refinance, consider your financial situation to ensure a smart mortgage decision.

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 ...

There are multiple, expert-backed ways to get a lower mortgage interest rate in 2025. Getty Images Mortgage interest rates are up again, making it expensive for most people to buy a home.

Agentic AI streamlines loan origination by improving lead quality, accelerating borrower engagement, and reducing costs for mortgage lenders.

Removing loan level pricing adjustments or LLPAs could reduce rates for certain homebuyers.

For mortgage rates to continue falling, there needs to be signs of cooling inflation as well as additional Fed rate cuts.

Refinancing a mortgage means replacing your current mortgage with a new one to potentially save you money. But breaking even takes time after upfront costs.

Mortgage rates ticked down fractionally in the most recent week but consumers are likely too cautious to take advantage.

Additionally, by putting down a larger down payment, you can lower your loan-to-value ratio (LTV)—the percentage of your mortgage amount compared with the home’s price or value.

says Thurin. Scammers are using techniques to get homeowners to pay by sending notifications regarding "loan modifications", "lower payments", or even low interest rates.