IndyMac As The Model For A Mortgage Turnaround

IndyMac As The Model For A Mortgage Turnaround ABC News reports that the US Treasury is looking at a new proposal from the FDIC to insure mortgages. Lenders would modify loans and in exchange those loans would be insured. More: FDIC chairwoman Sheila Bair touted the benefits of loan guarantees and loan modifications. The government, she said, "could establish standards for loan modifications and provide guarantees for loans meeting those standards. By doing so, unaffordable loans co

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