A persons chance of being approved for a second or third loan modification increases as the time amongst modifications increases.
This suggests that a person will have a more effective possibility of getting approved
for yet another loan modification immediately after a decade from their
1st loan modification than soon after a year.
This does not mean that a individual wont be awarded a second or third loan modification shortly immediately after their
original modification, it only means that the borrower will have to have one great reason
and one particular fine lawyer to get the modification approved.
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United States