A loan modification amends the original loan agreement. The terms of the modification must be agreed to by the parties.

Consumer advisory: Don’t fall for a foreclosure relief scam or bogus legal help

Feds Announce Litigation Against Law firms for Deceptive Loan Modification Practices

FHA’s Back to Work Program for Home Buyers

For several years I have been explaining that no one can predict the length of time that FHA, Fannie Mae or HUD, or a specific lender will require a homeowner to wait to qualify for a new home loan after a prior foreclosure, short sale or bankruptcy.