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Top lenders' mortgage aid procedures

Millions of Americans are struggling to pay their mortgages as the economy slows and loans reset to higher rates. By acting quickly, these homeowners may stave off the worst-case scenario -- foreclosure and the loss of their homes.

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Bankrate asked five top lenders -- Chase, Citigroup, Countrywide, WaMu and Wells Fargo -- to outline their procedures for helping struggling borrowers to save their homes.

By clicking on the link for your lender, you can learn about the steps you should take before missing a payment.

You'll also discover the options available to you, including loan modifications and establishing new repayment plans.

We want to know if your lender was able to help you and how the process went. Please tell us about your experience.


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1. Chase 4. WaMu
2. Citi 5. Wells Fargo
3. Countrywide    
Bankrate.com's corrections policy
-- Posted: April 17, 2008
 
 
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