As income streams are interrupted due to loss of rents in the midst of business closures during the continuing pandemic, many borrowers are reaching out to their lenders to discuss debt service and ...

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 ...

A loan modification is an agreement between a borrower and a lender to permanently change the terms of a mortgage. You'll need to prove financial hardship in order to qualify for a loan modification.