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 10th, 2009 by Michael E. Riley
When it comes to being behind on the mortgage payment, there is nothing worse because your home is the biggest bill you have and the one that is probably the most important. So when you are not able to pay the mortgage company, you are probably not able to pay a lot of other companies. This means that your credit…
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March 6th, 2009 by Michael E. Riley
When it comes to taxes, there are so many different numbers and bits and pieces of information that you need to be aware of, that it is no wonder we find them so confusing.
There are very few people in the world today who are not at least a little bit confused on the topic of taxes. There are so…
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March 4th, 2009 by Michael E. Riley
Some people put way too much faith in the government and have created these false notions in their minds about exactly how much service the government will offer in any given situation. With the growing foreclosure crisis, and the increasing news coverage regarding the government’s proposed involvement in bailing out troubled borrowers, (such as HASP or Mortgage Relief), many people…
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