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2. Why Making Trial Mortgage Modifications Permanent Is So ... - AOL

   www.aol.com/news/2010-12-22-making-trial...

   On Sept. 1, 2009, they were offered and accepted a loan modification. On Sept. 2, Wells Fargo started foreclosure proceedings. The Meyers successfully made their trial payments, but instead of ...

3. How to stop foreclosure - AOL

   www.aol.com/finance/stop-foreclosure-220538027.html

   2. Mortgage forbearance. Mortgage forbearance is an option that can help homeowners prevent foreclosure by temporarily pausing or reducing mortgage payments during financial hardships. But the ...

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

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

   The Flex Modification program is a conventional loan modification program designed to help homeowners who are experiencing long-term or permanent financial hardship. Using this program can help ...

5. Loan modification in the United States - Wikipedia

   en.wikipedia.org/wiki/Loan_modification_in_the...

   Loan modification is the systematic alteration of mortgage loan agreements that help those having problems making the payments by reducing interest rates, monthly payments or principal balances. Lending institutions could make one or more of these changes to relieve financial pressure on borrowers to prevent the condition of foreclosure.

6. Government intervention during the subprime mortgage crisis

   en.wikipedia.org/wiki/Government_intervention...

   In order for the deal to go through J.P. Morgan Chase required [24] the Fed to issue a nonrecourse loan of $29 billion to Bear Stearns. [25] [4] This means that the loan is collateralized by mortgage debt [26] and that the government can't go after J.P. Morgan Chase's assets if the mortgage debt collateral becomes insufficient to repay the loan ...

7. Mortgage modification - Wikipedia

   en.wikipedia.org/wiki/Mortgage_modification

   The emergency loan-modification options give homeowners the potential to extend amortization periods on their homes if experiencing significant financial hardship or foreclosure. These options can offer extensions up to a 40-year amortization, if a 15-year extension is granted on a previous 25-year amortization mortgage.