If you’re having a hard time affording your monthly mortgage payments, the Flex Modification program (FMP) might be able to help you reduce your monthly payment, get a longer repayment period and ...

Adjustments to the home retention program will take effect in December The Federal Housing Finance Agency (FHFA) yesterday announced that Fannie Mae and Freddie Mac will enhance their Flex ...

Fannie Mae and Freddie Mac on Wednesday announced an update to one of their loss-mitigation solutions known as Flex Modification. The government-sponsored enterprises (GSEs) are now targeting a 20% ...

Government-sponsored enterprises, Fannie Mae FNMA and Freddie Mac FMCC, recently announced the new Flex Modification foreclosure prevention program, which was developed at the direction of the Federal ...

This article was first published on NerdWallet.com. If you’re struggling to make your monthly mortgage payment, Fannie Mae and Freddie Mac have a new loan modification program so your home stays out ...

Loan modification programs are initiatives designed to help borrowers who are struggling to make their mortgage payments. These programs provide an opportunity to restructure the terms of a mortgage ...