White House effort will give homeowners at risk of foreclosure a 30-day reprieve.
If you are a homeowner and you have a loan with one of the following banks:
Bank of America, Chase, Citigroup, Countrywide Financial, Washington Mutual or Wells Fargo
AND you meet the following criteria you may be able to get a temporary reprieve from foreclosure proceedings:
□ 90 days or more overdue on payments
□ have not filed for bankruptcy protection
□ don't have a foreclosure date set within the next 30 days
□ haven't vacated the property
□ haven't used your loan to fund investment property or vacation homes
Read the article at:
http://www.azcentral.com/realestate/articles/0213biz-lifeline0213.html
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