WASHINGTON (AP) — The Federal Trade Commission said Tuesday that it reached a settlement with the owner of an auto loan modification operation that falsely promised consumers it could get their ...

Add Yahoo as a preferred source to see more of our stories on Google. What Is a Loan Modification? Can It Help Homeowners in Trouble? A loan modification is often billed as a lifeline for homeowners ...

Lenders’ counsel should include in the original guaranty broad, clear, forward-looking waiver language to preserve flexibility. Even well-drafted loan documents are frequently amended as market ...

A new study has found that consumers who received mortgage modifications outperformed those who did not on new consumer loans they opened after their initial mortgage delinquency. The study, conducted ...