“ Payment of partial claims and mortgage modifications.—The Secretary may authorize the modification of mortgages, and establish a program for payment of a partial claim to a mortgagee that agrees to apply the claim amount to payment of a mortgage on a 1- to 4-family residence, for mortgages that are in default or face imminent default, as defined by the Secretary. ”

“ The total number of mortgage modifications in which the total monthly principal and interest payment resulted in the following: (A) An increase. (B) Remained the same. (C) Decreased less than 10 percent. (D) Decreased between 10 percent and 20 percent. (E) Decreased 20 percent or more. (4) The total number of loans that have been modified and then entered into default, where the loan modification resulted in— (A) higher monthly payments by the homeowner; (B) equivalent monthly payments by the homeowner; (C) lower monthly payments by the homeowner of up to 10 percent ”

“ Acceptance of assignment.—The Secretary may accept assignment of a mortgage under a program under this subsection only if— `` (I) the mortgage is in default or facing imminent default; `` (II) the mortgagee has modified the mortgage or qualified the mortgage for modification sufficient to cure the default and provide for mortgage payments the mortgagor is reasonably able to pay, at interest rates not exceeding current market interest rates ”