Banks also are doing more loan modifications to prevent foreclosures. (realtormag.realtor.org)
The government's Home Affordable Modification Program, part of the government's Making Home Affordable Program, which encourages lenders to offer more loan modifications by giving them grants, subsidies, and other financial incentives. (realtor.com)
«Improving access to affordable mortgage financing for qualified home buyers and investors and aggressively pursuing more loan modifications and short sales is necessary to help reenergize the housing market and spur an economic recovery.» (realtormag.realtor.org)