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  2. Flex Modification Program (FMP): Everything you need to know

    www.aol.com/finance/flex-modification-program...

    If you have a government-backed loan like an FHA, VA or USDA loan, those programs have separate loan modification options you can pursue. Some of the eligibility requirements for the program ...

  3. Mortgage Brokerages, Lenders and Administrators Act

    en.wikipedia.org/wiki/Mortgage_Brokerages...

    application to real estate brokers who act as mortgage brokers in Ontario [4] adding regulatory oversight to mortgage brokers who administer mortgages on behalf of third parties [4] exemptions to educational requirements during the transition period for some individuals [5] two-year licensing cycles [6] introducing criteria for surrendering a ...

  4. Financial Services Regulatory Authority of Ontario - Wikipedia

    en.wikipedia.org/wiki/Financial_Services...

    Established in 2016, FSRA officially succeeded its predecessor agencies – the Financial Services Commission of Ontario and the Deposit Insurance Corporation of Ontario – on June 8, 2019. [1] The Financial Services Regulatory Authority of Ontario operates at arms-length from the Government of Ontario , and reports to the Legislative Assembly ...

  5. Loan modification company - Wikipedia

    en.wikipedia.org/wiki/Loan_modification_company

    A loan modification company, also known as a mortgage modification company, is a business that helps homeowners in the United States modify the terms of their home loans or mortgages. When a mortgage is modified, the original terms of the home loan contract between a lender and a borrower are renegotiated and then altered, usually in the favor ...

  6. Mortgage loan modification: What it is and how to get one - AOL

    www.aol.com/finance/mortgage-loan-modification...

    USDA loan modification: With a USDA loan, you can modify your mortgage with an extended term of up to 40 years, reduce the interest rate and receive a “mortgage recovery advance,” a one-time ...

  7. What is loss mitigation? - AOL

    www.aol.com/finance/loss-mitigation-131710263.html

    Loan modification Loan servicers are willing to explore loss mitigation, meaning they want to keep you in the house and get what you owe from them. (This is cheaper and easier for them than ...

  8. List of trust and loan companies in Canada - Wikipedia

    en.wikipedia.org/wiki/List_of_trust_and_loan...

    The following is a list of trust companies that operate or that have operated in Canada. Historically, trusts were one of the four main financial institutions in Canada, along with banks, insurance companies, and investment brokerages. [1]

  9. Loan modification vs. refinance: Which option is best for you?

    www.aol.com/finance/loan-modification-vs...

    Loan modification. A loan modification is a form of relief for borrowers struggling to make mortgage payments. A refinance is something you choose to do — if you don’t refi, the consequences ...

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