AMORTIZATION OF ACQUIRED INTANGIBLE ASSETS:
mortgage term is decreased, and the mortgage is 3 years old. or less. 3-2 RECASTING (MODIFYING) A MORTGAGE (24 CFR 203. 342 and 203. 616). When (1) a mortgage is in default, (2) certain criteria are met and (3) a. mortgagor and mortgagee are in mutual agreement, the amortization. provisions of the mortgage may be modified by recasting the ... ................
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