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Which states will benefit from the CitiMortgage Group mortgage assistance plan?

Posted 11 Nov 2008

Citi is going to helping homeowners stay in their homes and make their mortgage payments by reducing monthly mortgage payments so homeowners can afford to pay their mortgage and not have their homes foreclosed.

So what states are being selected for this Citi mortgage assistance program?

The states with the highest foreclosure rates, and thus have been selected are:

Nevada
California
Georgia
Michigan
Arizona
Florida

So for those of you Floridians hoping for relief from this mortgage nightmare, help is coming from CitiGroup. We still suggest you contact your mortgage lender prior to missing payments to negotiate a debt-repayment plan in the interim.