FreeMortgageFix.com announced the launch of its first-of-its-kind, free mortgage modification software that enables homeowners who are facing foreclosure to directly send modification applications to their lenders for consideration. Mortgage modification programs are under the auspices of the federal Home Affordable Modification Program. The HAMP Loan Modification program was created to aid homeowners facing possible foreclosure [...]

The Fifth Third Mortgage Company is continuing to help distressed home owners to keep their homes and not resort to foreclosure. The company again outshines the national average in permanent modifications by more than doubling the rate of qualified applicants eligible for the government’s Home Affordable Modification Program or HAMP. 77% of their trial plans [...]

Almost 25,000 mortgage modifications were conducted by Bank of America for economically stressed homeowners in the month of October for an increase of approximately 8,500 over September. About 22,400 of the October modifications were proprietary fixes organized by the bank, and 2,600 were changed from trial plans to permanent modifications via the government’s Home Affordable [...]