Home Retention
In an effort to curb foreclosures and help borrowers sustain homeownership, Countrywide Financial Corporation is actively working with borrowers who are experiencing financial challenges. Our primary goal is to help borrowers, while still providing an acceptable return to our investor.

In 2007, Countrywide helped more than 80,000 borrowers retain their homes. Loan modifications accounted for 69 percent of all home retention efforts, while repayment plans, forbearances, and refinance options where also employed.

Countrywide encourages borrowers who are facing financial difficulties such as an increase in their mortgage payment or have fallen behind on their payments, to contact Countrywide's home retention team at 800-669-6650.

Additional foreclosure prevention tools and resources are available on Countrywide's H.O.M.E. (Home Ownership Mortgage Education) Web site at www.homebycountrywide.com.