The Obama administration on Friday announced it would significantly broaden the pool of consumers eligible for mortgage modifications by opening its program to owners of rental properties and homeowners burdened by medical and credit card bills and second mortgages.

Bank of America Corp. is impeding an investigation of its loan modification practices by negotiating settlements with borrowers who must agree to keep them secret and not criticize the bank in exchange for cash payments and loan relief, Arizona officials say.

Last year the Indian government came up with many proposals for modifications in the existing education loan system. These proposals are helping students seek education loans on better terms.

ONTARIO - A nonprofit challenging the conventional wisdom that loan modifications require months filled with delays and frustration claims it can get the job done in a day. Video: Bank of America executive speaks on loan modifications Video: Fontana homeowner seeks loan modification at event

PHOENIX - 8:45 p.m. update - On the stand Thursday in the trial of a former AEA official, businessman Frank Ruiz described a series of loans and loan additions he obtained even though he neither asked for nor wanted the money, ending up millions of dollars in debt.In one case a loan originally...