The Flex Modification program helps homeowners experiencing financial hardship, allowing them to avoid foreclosure. The program can reduce payments by up to 20 percent and extend loan terms.

The Flex Modification program helps homeowners experiencing financial hardship to extend their loan term and reduce principal and interest payments. The program can reduce payments by up to 20 ...

Flex Modification is a loan modification program offered by the GSEs, designed to help eligible borrowers facing permanent financial hardship who can no longer afford their regular monthly mortgage ...

Fannie Mae and Freddie Mac on Wednesday announced an update to one of their loss-mitigation solutions known as Flex Modification.

The Flex Modification program applies those same measures, but it allows lenders to also consider how many days delinquent borrowers are and the value of their home.

A U.S. program aimed at helping struggling homeowners avoid foreclosure has been oversold by the Treasury Department and is likely to be a failure when it wraps up in 2012, a report from the ...

Flex Modification. This program resembles HAMP. It went into effect in 2017 and is available for conventional loans owned or guaranteed by Fannie Mae and Freddie Mac. The program requires ...

* Fitch-End of hamp comes against backdrop of improved economy, strong home price growth, which has reduced need for loan modifications in recent years Sign up here. * Fitch-There are several ...

Gretchen Morgenson talked about her [New York Times] piece on the effectiveness of the federal government's Home Affordable Modification Program (HAMP). HAMP was set up by the Obama administration ...