Your English writing platform
Discover LudwigExact(41)
Jacobson said the bank wrongfully returned payments she made during her trial modification.
Hours after Ms. Chapman met with the president, she was approved for a trial modification.
Chase next approved another trial modification, which it confirmed in a letter dated July 27.
Mike Heid, a president of Wells Fargo Home Mortgage, said the company would now send eligible customers a trial modification agreement within 48 hours of their initial contact.
"We're confident we can achieve our portion of the government's goal to reach 500,000 HAMP trial modification starts by Nov. 1".
Any borrower who successfully made three payments in a trial modification would be given a permanent modification.
Similar(19)
At the end of June, only 143,000 trial modifications had been begun, the Treasury Department now estimates.
The figure includes 787,231 trial modifications and 66,465 permanent modifications.
Many more are in trial modifications with an uncertain fate.
At Bank of America, for example, only a quarter of the 65,000 borrowers in trial modifications have sent back their paperwork.
Still, it argues that trial modifications are themselves a considerable help.
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