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FDIC Restructuring Some IndyMac Loans - Washington PostFederal (Consolidation loans)
Thursday, August 21, 2008
FDIC Restructuring Some IndyMac Loans - Washington Post
Federal regulators yesterday announced a plan to systematically modify the loans of at least 25,000 homeowners with mortgages held by failed lender IndyMac in an attempt to create an industry model for assisting troubled borrowers. Throwing a
Source: www.washingtonpost.com
"Liar loans" threaten to prolong mortgage crisis - Newsday
In the mortgage industry they are called "liar loans" - mortgages approved without requiring proof of the borrower's income or assets. The worst of them earn the nickname "ninja loans," short for "no income, no job and consolidation loans [no] assets." The nation's
Source: www.newsday.com
posted by @ Thursday, August 21, 2008  

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