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Tag: Mortgage Modification

  • Does a Mortgage Modification Hurt Your Credit

    Does a Mortgage Modification Hurt Your Credit

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    Mortgage modification is a change made to the terms of a mortgage loan by the lender due to the inability of a borrower to pay back the loan through the original loan term. Generally, loan modification is done to make repaying the loan more affordable for borrowers and to avoid defaults. It is often advisable…