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• n  the act of making something different (as e.g. the size of a garment)
• n  slightly modified copy; not an exact copy
  a modification of last year's model
• n  the grammatical relation that exists when a word qualifies the meaning of the phrase
• n  an event that occurs when something passes from one state or phase to another
  the neighborhood had undergone few modifications since his last visit years ago

• The big question looming over the push to rewrite the home loans of people struggling to make payments is whether or not such mortgage modifications keep folks in their houses for .
• Responsible Modification Incentives: Because loan modifications are more likely to succeed if they are made before a borrower misses a payment, the plan will include an incentive .
• In a story about all the former subprime mortgage brokers who are now in the business of "helping" people get loan modifications, the NYT details the unsavoryand, according to .

• alteration
• adjustment
• qualifying
• limiting
• change

News & Articles

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• Lockheed Clinches More DoD Deals
  Lockheed Martin Corp. has clinched a $104.7 million modification contract from the Department of Defense for the procurement and delivery of 83,169 Xilinx field programmable gate arrays (FPGAs).
  June 11, 2013 - Zacks via Yahoo! Finance
• Lockheed Clinches More DoD Deals - Analyst Blog
  Lockheed Martin Corp. ( LMT ) has clinched a $104.7 million modification contract from the Department of Defense (DoD) for the procurement and delivery of 83,169 Xilinx field
  June 11, 2013 - Nasdaq
• Commentary: On the meaning of ‘natural’
  Like nuclear power, whale hunting and the use of preservatives before it, genetic modification has become a cause célèbre among the self-styled ecoscenti who care oh-so much about how far humanity has strayed from what’s “natural.”
  June 11, 2013 - Dairy Herd

Quotes

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• Jamie Dimon in FOXNews
  We stand ready to work with you to put the appropriate processes in place, including a national modification standard, to reduce the incidence of foreclosure and to encourage long-term, sustainable home mortgages,Dimon wrote.
• Charles Schumer in TIME
  When the loan is chopped up into a million pieces and any investor can block a modification from happening, a program like this will only scratch the surface of the mortgage crisis,said Sen. Charles Schumer, DN.Y.
• Randall Kroszner in News 10NBC
  We strongly support efforts to improve the collection of data on loan-modification activities,Federal Reserve Governor Randall Kroszner said Monday. "We encourage the institutions we supervise that service subprime mortgage loans to report...