... have sus-tained a financial shock, rehabilitate the loan by reduc-ing the borrowers’ principal balance, and subsequently sell the loan after the borrowers’ circumstances stabilize and a reliable ... are current on their mort-gage but owe more than their home is worth, to re-finance into an FHA-guaranteed loan if the lender writes off at least 10 percent of the existing loan. Nearly $3.0 ... EESA. Therefore, the net present value cost of the assets is reflected on-budget, and the gross value of these as-sets is reflected in the financing accounts.21 If these pur-21 For the Making...