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The Obama Administration has introduced a comprehensive Financial Stability Plan to address the key problems at the heart of the current crisis and get our economy back on track. A critical piece of the effort is Making Home Affordable, a plan to stabilize the housing market and help up to 9 million Americans reduce their monthly mortgage payments to more affordable levels. This website provides homeowners with detailed information about these programs along with self-assessment tools and calculators to empower borrowers with the resources they need to determine whether they might be eligible for a modification or a refinance under the Administration's program.
HOPE NOW is an alliance between counselors, mortgage companies, investors, and other mortgage market participants. This alliance is meant to maximize outreach efforts to homeowners in distress to help them stay in their homes and create a unified, coordinated plan to reach and help as many homeowners as possible. The members of this alliance recognize that by working together, they may be more effective than by working independently.
Haven't found the perfect home, yet? You may want to consider CitiMortgage Properties for sale. Take a look at our current property listing to see if we have the home that's right for you.
Citi announced its 2Q 2009 U.S. Consumer Mortgage Lending Data and Servicing Foreclosure Prevention Efforts in August.
Download highlights of The American Recovery and Reinvestment Act and the Homeowner Affordability and Stability Plan.
Our informational video, "Facing Foreclosure," shows how someone in your position was able to get the help needed to preserve homeownership.
Watch it now to learn more about why taking prompt action is important.
Post-purchase Foreclosure Prevention Presentation, a useful tool for borrowers who are at risk.
Download this short presentation (PPT, 25 pages, 3.01mb)
For further information on advice and help available from Citi's Office of Homeownership Preservation,
download our free brochure (PDF, 2 pages, 44kb)
One of the first steps to preserving homeownership is to complete the necessary homeowner assistance form. Learn more.
The National Community Stabilization Trust facilitates the transfer of foreclosed and abandoned properties from financial institutions nationwide to local housing organizations to promote productive property reuse and neighborhood stability. In collaboration with state and local governments, the Stabilization Trust builds local capacity to effectively acquire, manage, rehab and sell foreclosed property to ensure homeownership and rental housing are available to low- and moderate-income families.
For more help from Citi, visit the Office of Financial Education.