@Jay Hinrichs might have some good input on this because he was right in the thick of things during that time. it took a while during the GFC but yes mortgages were modified by the millions. 

Hoping to use a HELOC after we get this place fixed up and start a modified BRRRR process!!! 

my wife and I are both new to the investor life currently working a deal on our first income property in new Hampshire  but we are both car nuts so here is he current (it changes often) fleet. 04 ford f350 diesel- used for pulling the am per and is marked to take on landlord duty once we close. 01 audi s4- my weekend go fast toy 04 audi a4 -my wife daily duty car 91 Mazda miata- the wife's weekend toy All cars are modifies to our liking or are in the process.