I posed two questions awhile ago I asked is there life after modification for investors, I had one faithful BP mod respond, second I asked this question 7 years ago of Henry Savage a columnist with the Washington Times Home Guide.

Read more on the biggest takers of public money during the Fed bailout here: http://www.bloomberg.com/data-visualization/federal-reserve-emergency-lending/Bank of America whistleblowers cited examples of how Bank of America employees were administratively giving the run around to borrowers seeking loan modifications or due process on their foreclosure process.

.- No permanent modification of property.

Here in Florida, loan modifications can only be negotiated by mortgage brokers and attorneys.

I offer this modification to what Bill wisely suggested.

We have been involved in cases where the borrower was hunting down potential note buyers for their own note so the borrower could get a modification that they felt entitled to but the mortgagee did not.

I assume the loan re-modification will probably bring down the value of the house to where the comps were-- $40-50K and at the same time bring his payments much lower.

I've seen a lot of discussion on whether or not to allow tenants to make modifications to the property because of equitable interest issues.

As you can see on page 11 under "Loan Resolution" the company focuses on loan modifications to protect their servicing revenue and avoid expenses involved with default/REO.

Structural modifications?