White House, FDIC Wrangle Over Foreclosure Plan

04 Nov 2008

The Bush administration and the Federal Deposit Insurance Corp. have been wrangling over how to structure a federal foreclosure-prevention program, causing potential delays in its implementation.

The Bush administration and the Federal Deposit Insurance Corp. have been wrangling over how to structure a federal foreclosure-prevention program, causing potential delays in its implementation. The White House reportedly has been reviewing several proposals, though the FDIC plan was said to be close to completion. The administration ...

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