Yeah!!! Citi announced that it will let borrowers stay in their homes for up to six months plus snag $1,000 to help defray costs for relocation, if they agree to a deed-in-lieu of foreclosure. (i.e., so you will stop suing them, trying to get a loan mod, short sale or file bankruptcy not to mention [...]
Deed for Lease. Let’s trade.
November 9, 2009 By 2 Comments
Can’t pay the mortgage? You still might be able to stay in your home. Government-controlled mortgage company Fannie Mae is going to give borrowers on the verge of foreclosure the option of renting their homes for a year. Fannie Mae executives said the rental program is designed to help delinquent homeowners who don’t qualify for [...]
