Learn about distressed borrowers, the challenges they face, and effective strategies like forbearance and loan modification to manage and overcome debt issues.

The worst thing you can do after missing a payment is go silent. “Borrowers who call early almost always have more options,” ...

An official at one of the nation’s largest banks, for example, said that any post-forbearance loan modifications that will be offered to borrowers of government-backed loans will require extensive ...

Your mortgage will likely be sold to a new servicer, but all terms and conditions will remain the same. You’ll receive a ...

It happens to the best of us: You lose your job, then get slammed with medical bills, or a nor'easter dumps a foot of rain that floods your basement. Your savings flow down the drain along with the ...

The strain on every homeowner’s pocketbook is showing up in all the usual places. The typical indicators of homeowner financial stress — mortgage delinquencies and foreclosure filings — are rising ...

Loan forbearance allows you to temporarily skip or reduce loan payments while you get your finances back on track. Many, or all, of the products featured on this page are from our advertising partners ...