Tag Archives: Prevention

Citigroup Leading the Foreclosure Prevention Edge

According to Zacks.com and reports in Reuters yesterday, Citigroup is leading the pack in helping homeowners avoid foreclosure. They have DOUBLED their loss mitigation success rate in the last 6 months. Whether a short sale or loan modification, borrowers can expect that at least 1 out of 6 will get to the finish line on the first run. This new success rate has reportedly helped over 108,000 homeowners avoid potential foreclosure at a total loan bill over billion. Impressive even…

Read more