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Foreclosures Halted by FDIC

July 16th, 2008 · No Comments

Photo courtesy of Creativecommons.org
As the FDIC takes control of IndyMac bank after the third largest bank failure in History, the Wall Street Journal wrote an article in which they announced that they would be halting foreclosures .
While I understand the political necessity of doing something perceived as positive by the public, and I understand that [...]

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Tags: Foreclosures · Mortgage Lending · Real Estate · economy