2012-08-09americanbanker.com

Citigroup (NSYE: C) is rolling out a pilot program with Carrington Capital Management that would allow several hundred distressed homeowners to stay in their homes as renters.

The Home Rental Program, announced Wednesday, would give eligible borrowers who are delinquent on mortgage payments the option to transfer the property back to the bank and

...



Comments: Be the first to add a comment

add a comment | go to forum thread