Relief Plans Offer Hope to Distressed Homeowners Facing Foreclosure
138 views
Citigroup Inc. has launched an outreach program for its 500,000 borrowers who paid their mortgage payments on time but live in areas with high unemployment rate or declining home values. This program aims to help homeowners avoid initiating foreclosure proceedings.
Citigroup will establish a moratorium on foreclosures provided that the borrower currently resides in the mortgaged [...]
HUD Fair Housing Equal Opportunity