Sentence Examples

  • Part of the Making Home Affordable program is a mortgage modification program designed to help homeowners renegotiate the terms of their current mortgage loan and lower their monthly mortgage payment.
  • People who have delinquent credit card debt, and who are unable to work directly with the credit card company to renegotiate the debt, may want to consult a credit counseling agency.
  • If they wait until they miss a payment they may not qualify for the programs and may face foreclosure; lenders may be unwilling to renegotiate the mortgage at that time.
  • There are several types of bankruptcy, and in some cases, companies declare bankruptcy so that they can renegotiate loans and obligations with creditors.
  • If the market is slow and your home is still on the market after the loan term expires, you will have to renegotiate the terms of the bridge loan.