Loan Modification

Can a mortgagee include behind time charges in the Loan Modification? Mortgagee Letter 2008-21 states that accrued late charges should be waived by the mortgagee at the generation of the Loan Modification.

The earlier you get started, the better your chances are of negotiating a fixed estimate and a payment that meets your current budget. Modifying your loan will conversion your existing mortgage commentary and give you a Loan Modification fresh fashionable jump off in house. In addition, your status will become "current" immediately.