Feldman Law Center - What Do Banks and Lenders Think of Loan Modifications? - 0 views
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Feldman Law Center on 31 Jul 09Feldman Law Center - News by Feldman Law CenterThe whole reason a loan modification becomes necessary is because the borrower needs the loan to be more manageable, so that he or she can continue to pay for it. The purpose of a loan modification is for the borrower, or someone on the borrower's behalf, to negotiate a more feasible mortgage with the lender.