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In a loan modification agreement, can the mortgagee include all PITI arrearages (principal, interest, taxes, insurance) in order to being the asset current?

April 26, 2017Agreement arrearages Insurance loan modification mortgagee PITI Principal taxes

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In a loan modification agreement, can the mortgagee include all PITI arrearages (principal, interest, taxes, insurance) in order to being the asset current?

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Yes, such fees may be included in the mortgage balance. However, foreclosure costs, late fees and other administrative fees are not included.