[brandlet]

and I still owe them the mortgage? I gave up on my home because of being underwater with the mortgage. The bank agreed to to take the property in lieu of foreclosure. However, on the agreement, they want me to sign that I still owe them the full mortgage plus interest, penalties, and expenses. The only benefit I get is that they promise not to sue me. How is it possible that I give them the property and get nothing in exchange? It does not make any sense. Am I supposed to give them the property and still owe them the money? Is this how all deed-in-lieu-of foreclosure agreements are done?I did not willingly walk away from the mortgage. I lost my job and could not pay even if I wanted to.