2008-11-11 — mortgagenewsdaily.com
"Citigroup has joined Morgan Stanley Chase, the Federal Deposit Insurance Corporation (FDIC,) and a few other large banks in initiating an aggressive program to mitigate foreclosures of single family homes."
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mortgagemess at 00:40 2008-11-12 said:
Sadly the FDIC has failed miserably at helping distressed or "toxic loan" borrowers. According to the hearing done last month..Indymac Federal has helped a MERE 5,100 homeowners where Citi is expected to reach out to 500,000 homeowners! As usual anything dealing with our goverment is a complete failure! Permalinkadd a comment | go to forum thread
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