Hi Redeemed,
Project Lifeline was signed on February 14, 2008 and designed to reach out to those in foreclosure to buy some time to work out a modification with their lender........
The lenders involved--JPMorgan Chase, Bank of America, Countrywide Financial, Citigroup, Washington Mutual and Wells Fargo--say they will contact homeowners who are 90 days or more overdue on mortgage payments and work with them on ways to make their mortgages more affordable.
Hope this helps.......