The statute requires only that the parties enter into and conduct negotiations in good faith. As the motion court found, there are situations in which the statutory goal is simply not feasible for either party. Defendant Judith Van Dyke, while asserting that nearly two thirds of her income was rental property, produced no lease, no affidavits by tenants, and no bank statements showing funds traceable to the rents she alleges she has been collecting for a number of years. The bank statements she submitted covered a mere three months. Under the circumstances, it was not unreasonable for Plaintiff [Wells Fargo] to resist using her purported rental income in its loan modification calculations. In any event, even if the rental income were used, Plaintiff would be ineligible for available modifications. Contrary to defendants’ apparent contentions, the mere fact that plaintiff refused to consider a reduction in principal or interest rate does not establish that it was not negotiating in good faith. Nothing in CPLR Section 3408 requires Plaintiff to make the exact offer desired by defendants, and Plaintiff’s failure to make that offer cannot be interpreted as a lack of good faith.””