Sentence examples for modifications of troubled from inspiring English sources

To reduce foreclosures, Mr Obama's administration has subsidised modifications of troubled mortgages by private lenders.

The CFPB has supported plans that would jump-start refinancings of existing high-rate debt and modifications of troubled loans.

It did not include a specific dollar figure, but government officials say they want to combine any overhaul of the foreclosure process with a monetary settlement that could finance more modifications for troubled borrowers.

As part of the settlement announced in February, the major banks will be required to promote loan modifications for troubled borrowers, including principal reductions for underwater homeowners.

The potential deal would involve a $7 billion cash payment and $4 billion in mortgage modifications for troubled borrowers.

Second, Congress provided the Treasury Department with $700 billion that it could have used to leverage loan modifications through the purchase of troubled assets.

But rather than hire and train enough employees to personally manage troubled loans in a way that minimizes foreclosures and encourages loan modifications, servicers entrusted management of troubled loans to old computer software that legal experts say isn't up to the task.

We could have a serious program of mortgage modification, reducing the debts of troubled homeowners.

Loonin said she saw parallels between the Education Department's efforts to enroll borrowers into its debt-relief programs and the Treasury Department's handling of troubled homeowners who tried to enroll in the Home Affordable Modification Program, commonly known as HAMP.

The automated system prizes efficiency over customer service, makes frequent errors in the administration of troubled home loans, and, according to one study, pays servicers more for foreclosures than loan modifications.

Dr. Marjorie Langham, healer of troubled minds, finally helped her.