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FDIC pushes IndyMac model for troubled mortgages - Mortgage

FDIC pushes IndyMac model for troubled mortgages - Mortgage

This is a discussion on FDIC pushes IndyMac model for troubled mortgages - Mortgage within the Commercial Mortgages forums, part of the Mortgage and Loans Forum category; Virtually all bmortgage/b mods that don’t involve a permanent principal balance reduction simply delay the inevitable. About 50% of IndyMac’s ...

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Commercial Mortgages Commercial Mortgages are loans that are secured on commercial property such as shops, business premises, warehouses, factories, workshops, garages, hospitals and schools.

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11-23-2008, 04:15 AM

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FDIC pushes IndyMac model for troubled mortgages - Mortgage ...

Virtually all bmortgage/b mods that don’t involve a permanent principal balance reduction simply delay the inevitable. About 50% of IndyMac’s prior mods have already defaulted again, many on the first new payment! b.../b

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fdic, indymac, model, mortgage, mortgages, pushes, troubled

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