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.
Examples and Observations\. 1  Revising a Dangling Modifier. Original: Having financed the car through the bank, it will take three years to pay for it. 2  Revised: Having financed the car through the bank, he expects to pay for it in three years. (In this revised version, having financed is appropriately positioned to modify he.)