If your mortgage payment is more than 40% of your income then Citigroup is now offering to provide support in reducing your mortgage payments.  Citigroup will start calling mortgage holders in the areas having the greatest economic impact.  Citigroup may lower your interest rate or extend your amortization to help reduce your mortgage payments.  The biggest challenge with this offer is it is only for those who are not in arrears.  With mortgage defaults increasing, why would they not also look at how they can help people who are about to lose their home i.e. already in arrears.  Did you know if you are in arrears by a few months some lenders will let you add these payments back on to your mortgage?  This is only if you can now prove that you can start paying regularly once they get you up to date.