IndyMac FDIC-Modified Loans Up 600%

11 Dec 2008

The Federal Deposit Insurance Corp. in October modified 2,242 securitized IndyMac loans, representing a nearly 600% increase over September, according to Debtwire figures.

The Federal Deposit Insurance Corp. in October modified 2,242 securitized IndyMac loans, representing a nearly 600% increase over September, according to Debtwire figures. That was the second month of the FDIC’s streamlined modifications, which are expected to be more successful than the modified loans IndyMac completed before it ...

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