Sentence examples for making reduced payments from inspiring English sources

Thousands more borrowers were making reduced payments while processing continued, the FDIC said.

"They are quite worried about making reduced payments".

"Because Treasury wanted to demonstrate quickly that huge numbers of borrowers were being modified, it let borrowers enter into 'trial modifications' whereby they would start making reduced payments pending completion of all of their paperwork.

Ask if you can make reduced payments for a time, or even take a payment holiday.

Whether you decide to stay in Europe or not, even if you cannot afford to make the full contractual payments to the debts after you have paid your priorities, you could make reduced payments based on a detailed financial statement following a full budgeting process.

Borrowers who meet eligibility criteria -- including monthly mortgage payments amounting to more than 31percentt of their monthly income -- are supposed to be placed into permanent modifications if they successfully make reduced payments during a three-month "trial" modification.

IN January, federal regulators announced an $8.5 billion agreement with 10 mortgage servicers to settle claims of foreclosure abuses, including bungled loan modifications and the wrongful evictions of borrowers who were either current on their payments or making reduced monthly payments.

Under the terms of the 2011 consent order, 14 banks had to hire independent consultants to analyze millions of loan records to spot any instances in which the banks might have improperly charged fees, denied loan modifications or wrongfully seized homes from borrowers current on their payments or making reduced monthly payments.

Kennedy told HuffPost she'd been making reduced monthly payments thanks to a trial modification via the Home Affordable Modification Program.

After 20 or 25 years of making reduced monthly payments that are tied to your level of income, your remaining balance is forgiven if your federal student loans aren't repaid in full.

She said Bank of America told her to go ahead and make reduced monthly payments as part of a "trial" modification.