Let's make a deal: loan mod for 50% of price appreciation

(This is Part 2 of a two-part series. Read Part 1, "Too much equity can deny homeowners loan mods.")

The first article in this series pointed out that when a mortgage borrower is unable to make the required payments, the servicing agent has an obligation to the owner of the mortgage to resolve the problem in the way that is least costly to the owner. The usual method is foreclosure, but an alternative is to modify the loan contract to make the payment more affordable.

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