CRED iQ’s research team has been closely monitoring loan modifications during this period of significantly elevated interest rates. As expected, loan modifications surged in 2023 as borrowers worked ...

A loan modification is a long-term mortgage relief option for borrowers experiencing financial hardship, such as loss of income due to illness. A modification typically changes the loan’s rate, term ...

The relationship between lenders and property owners is experiencing a significant transformation. In the past, lenders were often eager to reclaim properties in a default. However, a paradigm shift ...

A loan modification and a mortgage refinance generally address the same desire: to lower the monthly payment on your home. However, the two options are intended for homeowners in very different ...

The commercial real estate landscape is experiencing a transformative wave with loan modifications soaring to nearly $40 billion over the past three years. Our research team at CRED iQ examined the ...

Mortgages with alternative loan terms and lenders with flexible loan-modification policies are possibilities to consider.

Loan modifications and short-term loan extensions have been popular tactics among borrowers and lenders on loans backing properties facing vacancy and value declines since the pandemic. A staggering ...

Regional banks are beginning to feel the squeeze of the weakened office market, even as larger institutions are facing fewer troubled loans. The average bank with $100B or less in assets modified 0.32 ...

A mortgage loan modification is a relief option designed for borrowers experiencing long-term financial hardships that make it impossible for them to keep up with payments. The goal is to reduce your ...