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Title:

FDIC Plan Would Pay Down $50 Billion of Underwater Loans

Price:$5.00
Publication Date:May 05, 2008
Source:National Mortgage News
Author:By Brian Collins
Brief Excerpt: The Federal Deposit Insurance Corp. unveiled a bold $## billion "pay down" loan program last week to facilitate the restructuring of underwater mortgages and potentially prevent one million foreclosures. The FDIC proposal received fairly...
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SourceMedia, Inc. is a leading publisher and information provider for professionals in the financial services and related technologies markets. Key publications include Accounting Today, American Banker, Financial Planning, National Mortgage News, Securities Industry News, and The Bond Buyer, as well as several other well-known and respected magazines and newsletters.

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