| 释义 |
mortgage modification
noun[ C or U ]
FINANCE, PROPERTYukus
an agreement between a lender and a borrower to change the way a mortgage is paid back:
We give advice on how to negotiate a mortgage modification with your lender.
Examples of mortgage modification
mortgage modification
Initially, the bank blamed its borrowers for the lack of success, before eventually acknowledging that its mortgagemodification processes are wholly inadequate.
From ThinkProgress
The administration did little to support this policy change, opting instead to put banks in charge of a mortgagemodification program that has been an utter disaster.
From Huffington Post
The stories occasionally bring victories, like when homeowners wrongly denied mortgage modifications get bank executives' attention through their press shop.
From Huffington Post
He's seen a lot of short sales and foreclosures in recent years, and he's even assisted homeowners looking for mortgage modifications.
From The Star-Ledger - NJ.com
These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors.
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