What: Dual tracking is a common practice in which a lender continues to pursue foreclosure even though the homeowner is applying for a mortgage modification.
Why: Lenders say the practice protects their investment if a homeowner doesn't qualify for new loan terms. Consumer advocates say it discourages homeowners and leads to unintended foreclosures.
Limits: A coalition of federal regulators has ordered major banks and mortgage servicers to halt foreclosure when homeowners qualify for loan modifications.
Ban: A coalition led by state attorneys general has proposed prohibiting lenders from starting the foreclosure process if a borrower has applied for a loan modification.
Source: Times reporting