CitiMortgage pilot program targets Florida homeowners facing foreclosure

CitiMortgage launched a pilot program Thursday for financially distressed homeowners to avoid foreclosure and secure six more months in their home. The hook: They have to maintain their homes in good condition and agree to sign over property deeds to Citi once the six-month clock runs out. The initiative, which is being tested in Florida and five other states, has been dubbed the Citi Foreclosures Alternatives Program.

Click here to enter the Tampa Realtors MLS (updated daily)
Register to receive an email every morning of today's new listings
Visit my website or contact me by email