Another example of this type of setting is failed forbearance to modifications or the "Trial Mod" as they are often called.  

I make all my payments on time never late in over 3.5 years and I hired a lawyer thats how I got the 6month mod as it is they didn't want to do squat for me in the begining. yes I make good money but I just don't want to give these people an EXTRA 1000 a month in intrest and never get any where when I can take my 2000 a month and put it under the mattress until they kick me out. and I have a co-signer lined up already my dad has a 820 credit score and only owes about 35K on a 350K house was a 500K house 5 years ago.

But just like a loan mod, a bank doesn't have to agree to a short pay.

Bill Gulley Team, we have a signed forbearance and loan mod as follows:12-months to put $12000 down, then 15 yr fixed at 9.9%, principle reduced to $65k.  

I would be very reluctant to mod a loan a second time,  I would be more inclined to take re-defaults down the foreclosure/DIL path.

I would be concerned about them agreeing to a loan mod as a stall tactic, then stop performing again.

Also in the Bronx when we sold our place in Riverdale we used MODA realty in Riverdale. 

Buy the house with modded loan in placeSo there is a use case for it, investors in my group are doing it.In your experience is a loan mod a laborious process?

I also mod a group for streamers who want to improve their content creation.

No decision made on loan mod as of today.