adspace


What is Home Loan Modification?

Answer Posted / Md Aurangzeb Khan

Home loan modification is a process where the terms of an existing mortgage loan are changed to make it more affordable for the borrower. This can include lowering the interest rate, extending the repayment period, or reducing the principal balance.

Is This Answer Correct ?    0 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

someone plz plz plzz.. send me the sample papers for SBI clerical xams... i need it very badly..

2594


For the production of 10,000 units the following are the budgeting expenses: Per Unit Rs. Direct materials 60 Direct labour 30 Variable overhead 25 Fixed overhead (Rs.1,50,000) 15 Selling expenses (10% fixed) 15 Variable expenses (direct) 5 Administrative expenses (Rs.50,000 fixed) 5 Distribution expenses (20% fixed) 5 Total cost of sales per unit 160 Prepare the flexible budget for the production of 6,000 , 7,000 ,and 8,000 units of production

3127


im preparing for the sbi clerical post please send me the solved questions.

2351


please send me some previous sbi clerical interview questions to my email id....

2240


plz send me the accounting questions and answers of bank of america.

1975


Anyone whose sbi interview has been over , please share all the question asked by them

2054


Give the balance sheet schedules ,what is differe tax, GIVE THE RATES OF DIFFERED TAX FOR THE YEAR 2008-09

2340


How can i get GR form (GR No.) for Exports ? please give me a link of website with steps ?

2718


what are the new rules of central excise ?

1987


What is the use of final account?

1924


Hi, Please post in here the Aptitude Test Questions given in companies like Thomson, Reuters, GMS, JP Morgan, Northern Trust Bank etc.

6765


HOW MUCH LATEST ACCOUNTING STANDARDS , TDS RATE , INCOME TAX RATE, EXCISE , VAT , SERVICE TAX & FBT RATES? (PLS. ARRANGE TO SEND THE RATES FOR ABOVE IN CATAGORY & LIMIT WISE)

3570


plz send me hsbs finance questions asked in the interview ans appitude also

2970


what salary you expect???

2215


hi.this krishan .i m slect in axis bank for executive. when i sposse to join

2502