2008-08-20usatoday.com

"Troubled home borrowers with loans from IndyMac Federal Bank will be able to switch to fixed-rate mortgages under a new plan from federal regulators, who seized the bank last month after it became the largest regulated thrift to fail."



Comments:

michaelblomquist at 05:37 2008-08-21 said:
That's a good one!

At least the FDIC and other agencies will finally get to see what they allowed to happen during their watch.

What are the odds of IndyMac borrowers being able to document incomes and stay within a 38% back end?

My guess is 10% Permalink

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