Industry Terminology: Loan Modification

What is Loan Modification? Simply put, loan modification refers to any change or alteration that a lender makes to a loan. A loan modification could include a reduction in the interest rate, an increa...

Industry Terminology: Forbearance vs. Deferment

During this novel coronavirus (“COVID-19”) pandemic, the Newrez family of companies is committed to helping our customers, including offering alternate payment programs as allowed by loan owners/inves...

Buying a House is Scary, But It Doesn't Have to Be

How to Handle the Anxiety of Buying a House   Remaining mindful includes expecting a few bumps in the road as well as having to interact with different personalities. This includes real estate agents,...