FDIC Introduces Loan Modification Plan

The Federal Deposit Insurance Corp. has introduced its plan to promote affordable loan modifications based on one it developed earlier this year for IndyMac Federal Bank.

  • 14 Nov 2008
The Federal Deposit Insurance Corp. has introduced its plan to promote affordable loan modifications based on one it developed earlier this year for IndyMac Federal Bank. Among other things, the new plan would offer incentives to servicers, such as a $1,000 fee to cover expense for each loan ...

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1 Bank of America Merrill Lynch (BAML) 7,026 25 11.95
2 Citi 6,449 21 10.96
3 BNP Paribas 5,093 18 8.66
4 Barclays 4,040 11 6.87
5 Lloyds Bank 3,615 14 6.15

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3 Wells Fargo Securities 87,449.35 261 9.51%
4 JPMorgan 67,955.87 206 7.39%
5 Credit Suisse 50,788.13 152 5.52%