April 8th, 2009 by Michael E. Riley
This guide provides an overview of the FDIC’s program to assist bankers, servicers, and investors in this process. It outlines FDIC program terms at IndyMac Federal Bank, offers insight into the specific portfolio characteristics that drive modification modeling at that bank, and provides a framework for developing and implementing a similar program at your institution.
Federal Deposit Insurance Corporation (FDIC)…
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March 9th, 2009 by Adam
- Click To Download Mortgage Relief Program Official Guidelines
If you ever wondered what the official Mortgage Modification Guidelines look like – click on the image on the left to view the 17-page document titled “Making Home Affordable Guidelines”. We provided the highlights of the program below.
“Making…
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February 18th, 2009 by Adam
In an effort to keep 9 million people from loosing their homes President Barack Obama unveiled his $75 billion mortgage relief plan on Wednesday, February 18th
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February 17th, 2009 by Michael E. Riley
By THE ASSOCIATED PRESS, February 13, 2009
WASHINGTON (AP) — Several big banks, including JPMorgan Chase and Citigroup, are expanding efforts to halt home foreclosures while the Obama administration develops a plan to help struggling homeowners.
The White House said President Obama would outline his plan to spend at least $50 billion to…
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