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by Jace Stolfo
on Wednesday, December 31st, 2008 at 1:41pm.
Countrywide is instituting a national program to help some 400,000 customers nationwide. The program is designed to help certain sub-prime and adjustable rate borrowers avoid foreclosure. About $700,000 will be directed to Idaho.
The program came out after some states, not including Idaho, sued the company. Under a settlement agreement, Countrywide will:
Borrowers should contact Countrywide Financial at (800) 669-6607 to determine eligibility.
Information source: Idaho Statesman