FDIC May Guarantee Some Home Loans
The U.S. government may start guaranteeing the mortgages of some homeowners who are heading for default, in hopes of persuading lenders to renegotiate the terms of troubled loans and avoid more foreclosures, Federal Deposit Insurance Corp. Chairman Sheila C. Bair said today.
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10/23/2008 6:11:59 PM
washingtonpost.com - Business
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