To try to help these problems, banks introduced mortgage modification programs to help homeowners keep their homes. But these programs often didn't work out well. Each bank had different criteria for modifications which created confusion and inconsistent results. Banks didn't have enough staff to handle the amount of modification requests efficiently. Sometimes, servicers realized they could make more money from foreclosing than from modifying loans. Also, the complex nature of mortgage backed securities made loan modifications legally tricky. The crisis showed that the foreclosure process couldn't handle a large scale economic downturn. It was built for individual defaults, not for a massive crisis affecting millions of homeowners at once. This caused many foreclosures to be delayed or mismanaged, creating a backlog that took years to clear up. This slow recovery hurt the housing market and left many properties in limbo, which negatively impacted communities and local economies. As a result, major changes were made in the mortgage industry, like stricter lending standards, better oversight of mortgage servicers, and new government programs to help struggling homeowners. The impact of this crisis is still affecting real estate markets and financial regulations today, showing the need for strong systems to handle economic challenges