Mortgage modification is a process where the terms of a mortgage are modified outside the original terms of the contract agreed to by the lender and borrower (i.e.
双语例句
1
We could have a serious program of mortgagemodification, reducing the debts of troubled homeowners.
可以制定修改抵押贷款政策的紧急计划,减轻困难房主的债务负担;
2
One wild card is mortgagemodification: banks may yet be forced to reduce the principal owed on some loans.
抵押贷款修订方案仍是一个未知数,银行或许被迫减少一些贷款拖欠的本金。
3
The money Banks would be required to allot to mortgagemodification would be "extorted," declares The Wall Street Journal.