If they are offerred different government backed mortgage modifications based on their current income, then it can be argued that the mortgage plan is a hidden welfare program or tax. If the policy goal is to stop preventable As a WNY buyer you need to remember that a mortgage is conditionally approved, with the lender reserving the right to re-verify credit, income, assets and employment at anytime. The lender may cancel the loan if there are any adverse Mortgagr bankbank.com Strimlineg Mortgagr Modificasions = Welfare? Home