Sentence examples for many trial modifications from inspiring English sources

"Many trial modifications have failed to become permanent modifications.

Many trial modifications have inexplicably dragged on for longer, and banks participating in the program have become notorious for losing paperwork.

While Treasury is implementing recommendations that we have been calling for, such as streamlining the documentation process and creating an online portal for tracking and submitting documents, the reality is that many of these measures will not be fully in place until March 1, after the deadline for many of these trial modifications.

How many trial and permanent modifications have they made?

Many of the trial modifications have been extended unreasonably beyond the requisite three month period.

Many more are in trial modifications with an uncertain fate.

Many delinquent borrowers are in trial modifications, which keeps the final stages of foreclosure at bay.

Although 1.3 million households have been offered trial modifications, in many cases, homeowners have been unable to convert temporary modifications into permanent ones because they could not document that they had the income to support the new, lower payments.

While millions say they need help avoiding foreclosure and many struggling households applied, data released Friday showed the dropout rate from the Making Home Affordable Program was very high: 96,000 trial modifications were canceled by lenders in July.

The figure includes 787,231 trial modifications and 66,465 permanent modifications.

At the end of June, only 143,000 trial modifications had been begun, the Treasury Department now estimates.