Looking for home loan modification? Chat with experts live
People facing payment challenges on their home mortgages attend a two-day event in Phoenix to see if they qualify for a home loan modification. (March 30, 2011) Credit: Getty Images
Looking for a loan modification or know someone who is? Click in below to chat live with experts on the pitfalls, what’s reasonable and how to get one quickly.
Modifications are changes to mortgage contract terms, such as the interest rates, and they’re aimed at lowering monthly payments.
Answering questions in Newsday.com's live chat will be Joan LaFemina, who oversees foreclosure prevention programs for the nonprofit Community Development Corp. of Long Island, Migdalia Murati, a loss mitigation liaison for the Federal Housing Administration in New York and New Jersey, and Newsday reporter Ellen Yan, who covers real estate.
