Lender attorney Christopher Denardo says given the number of mortgage defaults that banks face, restructuring the loans is advantageous for everyone involved.

VOA: standard.2010.02.17

It was the mass-issuance of mortgages to consumers with poor credit ratings that led to a rash of mortgage defaults and home foreclosures beginning in late 2007.

VOA: standard.2009.10.01

Economist Rebecca Blank with the Brookings Institution here in Washington was optimistic that positive results will come from efforts to prevent more job losses and mortgage defaults.

VOA: standard.2009.03.10

A rash of home mortgage defaults helped spark last year's financial meltdown.

VOA: standard.2009.08.25