Mortgage modification programs
Countrywide Home Loans
Corporate owner:

Bank of America.

Home Retention Division.

Call the customer service telephone number on your loan statement.
Call (800) 669-6607.
Web site:
Noted qualifications:

Proven financial hardship.
Target debt-to-income (DTI) ratio: 34 percent.

Temporary forbearance.
Repayment plan for missed payments.
Interest rate reduction.
Extension of loan term.
Re-amortization of loan balance.
Foreclosure stay.
Short sale.
Deed in lieu of foreclosure.
What these terms mean.

Letters are being sent to borrowers who are 60 days delinquent or who are deemed likely to become delinquent based on a computer model that crunches the borrower’s credit score, payment history, debt-to-income ratio, home value, interest rate reset and other factors. If you don’t get a letter, that doesn’t necessarily mean you won’t qualify.
Learn more about obtaining mortgage modification help.