Comments on: FDIC Releases Details on IndyMac Loan Mods; Questions Remain

By: Viewpoint: Questions Arise Over IndyMac Loan Mods : HousingWire || financial news for the mortgage market

Tue, 18 Nov 2008 19:42:45 +0000

[...] poster child for government-led intervention into troubled mortgages. On August 20, FDIC officials rolled out an ambitious plan for mortgage modifications, one they said at the time would set the example for how aggressive loan modifications should work. [...]

By: Bair: 3,500 Mortgages Modified at IndyMac Under FDIC Program : HousingWire

Bair: 3,500 Mortgages Modified at IndyMac Under FDIC Program : HousingWire — Thu, 23 Oct 2008 15:23:42 +0000

[...] Bank since it was introduced roughly two months ago. The agency took over IndyMac in July, and announced the loan modification program on Aug. 20; Bair has said that FDIC analysts estimated that 40,000 or so of the 60,000 mortgages more than 60 [...]

By: Foreclosure Mitigation Efforts Are Hopeless | Will Someone Please Tell Barney Frank? | ShortSaleBlogger

Thu, 23 Oct 2008 14:45:55 +0000

[...] borrowers, under a program meant to set a precedent for the rest of the industry. On Aug. 20, Bair unveiled a broad loan modification program at IndyMac Federal Bank — the FDIC’s reincarnation of the failed lender — in an effort to [...]

By: Sights on FDIC’s Bair to Lead Foreclosure Mitigation Efforts : HousingWire

Sights on FDIC’s Bair to Lead Foreclosure Mitigation Efforts : HousingWire — Wed, 22 Oct 2008 23:19:26 +0000

[...] borrowers, under a program meant to set a precedent for the rest of the industry. On Aug. 20, Bair unveiled a broad loan modification program at IndyMac Federal Bank, in an effort to move loans to a set of “affordability [...]

By: Consumer Avocates Want Fannie, Freddie to Follow FDIC on Loan Mods : Housing Wire

Wed, 10 Sep 2008 16:33:34 +0000

[...] loan modifications under a plan advocated by FDIC chairman Sheila Bair. On Aug. 20, FDIC officials announced a broad loan modification effort they say will help thousands of troubled borrowers with IndyMac [...]

By: Outrage, Indifference Over FDIC’s ‘Bailout’ Plan : Housing Wire

Thu, 21 Aug 2008 12:21:47 +0000

[...] emails from HW readers in the past day over the FDIC’s announced loan modification plan, which we first reported on yesterday. As more details emerge — like the fact that the FDIC will be offering 3 percent mortgages to [...]