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» FDIC Proposes New Strategy for Mortgage Slump: Modify Troubled Loans to Make Them Affordable
FDIC Proposes New Strategy for Mortgage Slump: Modify Troubled Loans to Make Them Affordable
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The Federal Deposit Insurance Corp. offered another proposal designed to prompt wholesale mortgage modifications that could kick start the slumping U.S. housing market and stem the rising number of foreclosures. Like many other...