Your English writing platform
Discover LudwigSuggestions(1)
The phrase "modify terms" is correct and usable in written English
You can use it when discussing changes or adjustments to specific conditions or agreements. Example: "We need to modify terms in the contract to better reflect our current needs."
Exact(8)
Voluntary loan modifications have proved a failure as lenders opt to foreclose instead of working with homeowners to modify terms.
The executive, Michael Gross, the bank's managing director of loan administration loss mitigation, said that banks had more flexibility to modify terms in loans they held.
As the recession progresses, many borrowers with leveraged loans will seek to modify terms, said Alan L. Todd, an analyst at JPMorgan Chase.
Mr. Miller said he had had success persuading some lenders to modify terms and had been able to help some homeowners refinance using public sources of money.
The government's announcement on Tuesday that Fannie Mae and Freddie Mac would modify terms for borrowers who are at least 90 days late with their payments makes it seem as if only the delinquent are eligible for a personal bailout.
Today, was not the first time that regulators have encouraged financial institutions to consider efforts to modify terms on existing loans or extend new credit to aid affected borrowers.
Similar(52)
Legislation supported by Mr. Bloomberg that would modify term limits through a Council vote, allowing dozens of officials to serve a third four-year term, was also supposed to be introduced in the Council on Tuesday.
Specifically, California should: –Adopt open primaries to mitigate extremism in politics, modify term limits and require initiatives to identify the funding source for new spending.
"I am adamantly opposed to Proposition 28 to modify term limits for California state legislators," he wrote.
Can moves like the effort to modify term limits in the House of Lords in the UK or the push for a Buffett tax be linked back to global activism for more equality?
JPMorgan Chase, HSBC and Bank of America, which took over Countrywide and its soured mortgage portfolio, have modified terms for such borrowers.
Write better and faster with AI suggestions while staying true to your unique style.
Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com