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The federal program offsets some costs for banks that agree to modify mortgages.
Even if lenders do agree to modify loans, many Americans will still be in trouble.
Countrywide, which services his loan, would not agree to modify the loan but was willing to accept the short sale.
Under that law, servicing companies that agree to modify loans receive some protection from liability arising from the loan changes.
The eagerness with which lenders agree to modify loans is likely to be affected by a bill that the House is expected to take up on Thursday.
Senior United States officials have even raised the possibility of withdrawing from the accord if the Russians refuse to agree to modify the treaty.
Similar(40)
The board met and agreed to modify the bylaws, adapting a two-year presidency".
Negotiators also agreed to modify certain periods in which clubs seek waivers on players.
The union proposed shortening the periods, and negotiators for the clubs agreed to modify them.
If so, mainstream politicians may respond by eventually agreeing to modify free movement.
When Switzerland signed the Organization for Economic Cooperation and Development pact against corruption, it agreed to modify its law.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com