As a side note, housing authorities will go up to 110% of FMR without necessitating HUD approval.

If the lender has a loan modification program, and the borrower meets the requirements of the program, it must be offered.  

Back when I was doing a lot loan workouts and modifications when the real estate bubble burst, we accelerated a handful of loans that had unauthorized second mortgages.

RE Agent- What: Ensure the energy and time they spend with a client is compensated; Why: Realtors don't work for free, Ask: to see their Buyers agent contract and if modifications can be made (specific property types or exclude other projects you are working on)- What: Client who has a clear set of search criteria; Why: efficient and focused property search; Ask: what search criteria do they need to tailor your search?

If there are any repairs or modifications to be done before you can get the recertification approved that is not included.

We have a potential buyer on a house in Historic Buena Vista who wants to make slight modifications so that he can Airbnb a room out, since the extra 1500 a month makes the house more affordable for him to live in.

@David Graham Anything they do to increase costs is going to result in a modification to the market.

Manufactured homes that have an addition or have had a structural modification are eligible under certain conditions.

They don't need permission from a senior lien holder for a loan modification but they may want a senior lien to be current prior to reviewing a loan modification.

They might have filed a mortgage in County A for property there, done a modification to take a mortgage on other land in County B, but filed the modification in County A instead of County B.