Sentences with phrase «granting home loan modifications»
In her interview, Bair, a moderate Republican appointed by President George W. Bush, described a long - standing industry resistance to granting home loan modifications — a resistance that she first tried to overcome, unsuccessfully, just before the housing bubble burst in 2007.
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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.