deed in lieu of foreclosure

If you're having a problem with a business, Consumer Ally can help. Write us at HelpMe@WalletPop.com. Q. We bought a house in Tennessee, and we are deep into debt. We want to know if we can just ask the bank to take back the house? And would we owe the bank money? We have two car payments we are...

Citigroup Inc. seems to have finally gotten a clue -- We're in a recession. Hello! -- announcing plans Thursday to allow borrowers on the verge of foreclosure in five states to stay in their homes for free for six months if they voluntarily transfer ownership to the bank. The pilot "Foreclosure...