CitiMortgage, Inc. has been participating in the home loan mortgage modification program since April 13, 2009 and has a possible 233,924 homeowners who qualify for a home loan mortgage modification. Recently, a report was released saying CitiMortgage, Inc. has 100,126 active trail modifications at the present time and has made 271 home loan mortgage modifications permanent for homeowners.
Out of their total, the number of trial home loan mortgage modifications and permanent home loan modification, CitiMortgage has become one of the forerunners in this program with 43% of its homeowners either in a trial or permanent modification period.
Many who are struggling with home mortgage payments are looking for alleviation from the financial stresses that come from struggling in a poor economy and having to make a mortgage payment on little income.
With CitiMortgage, Inc.’s actions by moving 271 homeowners into a home loan modification that is permanent they are taking action within the modification program to help homeowners keep their homes and assist the economy as a whole by attempting to reduce the number of foreclosures.
Please check back with rwbpress.com to follow future reports on specific lenders and the home loan mortgage modification program.
