An unusually prolonged or complex illness, esp. one that causes severe organ dysfunction or threatens life. Catastrophic illnesses often make exceptional demands on patients, caregivers, families, and health care resources.
However, if your current mortgage lender has discounted your current mortgage loan balance, the mandatory waiting period after loan modification is 12 months from the effective date of the loan modification with a 12 months on time payment history which is reflected on your credit report.
Many lenders will not consider you for a mortgage loan modification until you have missed at least three payments (90 days delinquent). However, it's still a good idea to contact your mortgage servicer as soon as you begin missing payments, just to get the ball rolling.