New Program Could Help Half a Million Homeowners

CitiMortgage, the nation's fourth-largest mortgage lender, announced today a new assistance program aimed at homeowners potentially at risk of falling behind on their payments or losing their homes to foreclosure. Citi's homeowner assistance program will reach out to 500,000 customers still current with their monthly payments but who live in areas where home prices are falling or unemployment rates are rising. This represents nearly a third of the mortgages that Citi owns. "Borrowers need to... Full Story