Citigroup (C) begins a pilot program allowing distressed homeonwners to transfer ownership for a...

|About: Citigroup Inc. (C)|By:, SA News Editor

Citigroup (C) begins a pilot program allowing distressed homeonwners to transfer ownership for a short period and become renters (with rental payment less than mortgage payment). Win-win? The homeowner gets to stay in their house and Citi - if things don't work out - has the title without having to go through foreclosure? (PR)