Struggling homeowners might qualify for payment reductions

Monday, November 24, 2008 | 6:48 p.m. CST; updated 9:41 a.m. CST, Thursday, December 11, 2008

WASHINGTON — The U.S. government's multibillion-dollar bailout of Citigroup Inc. requires the giant financial services company to lower loan rates for struggling homebuyers who are behind on their mortgage payments.