Sentence examples for modification programs and from inspiring English sources

Loan modification programs and other initiatives to reduce the burdens felt by homeowners are hardly moneymaking ventures for lenders.

But it does not end separate settlement talks with state attorneys general, who have been pressing the banks to expand their mortgage modification programs and to pay at least $20 billion in penalties.

WASHINGTON — The Senate on Wednesday approved a bill that would expand federal efforts to prevent mortgage foreclosures, shield mortgage service companies from lawsuits if they participate in federal loan modification programs, and give renters of foreclosed properties at least 90 days' notice before eviction.

"This difference may be attributable to differences in modification programs and the servicers' flexibility to modify loan terms to achieve greater affordability and sustainability," notes Monday's report.

We also excluded those who had already participated in other lifestyle modification programs and those who could not obtain the approval from their doctors.

Overweight or obese patients were more likely to be referred to lifestyle modification programs and patients not in paid employment were more likely to be referred to and attend lifestyle programs.

Losses on home mortgages, for example, now look as if they will be postponed for several months, in part because of the federal mortgage modification program and statewide efforts to temporarily halt foreclosures.

Dan B. Frahm, a spokesman for Bank of America, said that the bank was "committed to continually improving our processes to assist distressed homeowners" through the federal modification program and its own internal program.

She has also been a staunch advocate of a controversial federal loan modification program and a prominent voice on the need to rein in too-big-to-fail banks.

Using facts, figures and extensive interviews, Mr. Barofsky has questioned the effectiveness of the administration's loan modification program and the Treasury's initial refusal to require institutions that received taxpayer-financed bailouts to account for their use of TARP funds.

He didn't mention the more prominent modification program, and he didn't mention principal reduction.