Federal Deposit Insurance Corporation
Latest Posts
IndyMac Modifications Outperform Industry Redefault Standard
Jul 23, 2009Months after IndyMac Federal Bank failed a year ago, the Federal Deposit Insurance Corp. (FDIC) implemented a streamlined modification program to improve the performance of seriously delinquent or defaulted mortgages. As of May 31, 2009 the redefault rate among modified IndyMac Federal Bank (IndyMac) loans was 15.6%. The bulk of these modifications took place in Q408 — as early as September 2008, according to FDIC spokesperson David Barr — indicating many of these loans are at least six months past modification.
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SilverLeaf Puts Single-Family Notes Up For Sale
Jul 22, 2009 -
FDIC to Sell Servicing Rights on $1 Billion of Mortgages
Jul 10, 2009 -
Regulators Reveal PPIP Fund Managers
Jul 08, 2009 -
Monday Morning Cup of Coffee
Jun 29, 2009 -
Monday Morning Cup of Coffee
Jun 22, 2009 -
FDIC to Lose $83 Million on Failed Bank
Jun 08, 2009 -
Citi Overhaul May Reach Top Executives
Jun 05, 2009 -
The Show Must Go on for Legacy Loans
Jun 03, 2009
