Sentence examples for loans to modify from inspiring English sources

Well, both Fannie and Freddie have already provided additional financial incentives to the companies that service the loans to modify some of the troubled ones.

Congress, he urges, should consider options that would allow student loan borrowers to modify or re-finance their loans at more attractive interest rates.

Bank regulators have been pushing loan servicers to modify the terms of more mortgages to avoid foreclosures.

As the recession progresses, many borrowers with leveraged loans will seek to modify terms, said Alan L. Todd, an analyst at JPMorgan Chase.

Hope Now counselors are urged to follow the securitization group's guidelines on loan modifications, which advise lenders to modify loans case by case rather than across the board.

Fannie and Freddie have to cover the $9,500 in sweeteners Washington pays out to get loan servicers and borrowers to modify their loans as a part of Treasury's $275 billion Making Home Affordable plan.

Countrywide, which services his loan, would not agree to modify the loan but was willing to accept the short sale.

The three parties seek agreements that allow loans to be modified so borrowers can resume regular payments and remain in their homes.

Under the plan, the government offers mortgage companies $1,000 for each loan they agree to modify, then another $1,000 a year for up to three years.

While judges are starting to see how flawed loan servicers' systems can be, those rushing to modify loans may not be as aware of the problems.

"Servicers do have the legal authority, right and responsibility to modify loans in appropriate circumstances, even if those loans are in mortgage-backed security pools," Mr. Deutsch said.