The lawsuit is the latest salvo against Bank of America’s disastrous handing of the Home Affordable Modification Program, or HAMP, initiated by the federal government in response to the subprime ...

As of September 2023, all TARP programs—including the federal Home Affordable Modification Program (HAMP)—have closed. Lenders determine when to offer mortgage modification as an option to ...

While the end of the program is quickly approaching, don’t worry—there is still time to gather your information and apply. Homeowners who submit an application on or before December 30, 2016 will ...

A mortgage loan modification is a permanent change to your loan terms that is agreed to by your lender in order to make the payments more affordable and help you avoid foreclosure. Common ways a ...